Investing.com – Sweden stocks were lower after the close on Thursday, as losses in the Consumer Goods, Basic Materials and Oil & Gas sectors led shares lower.
At the close in Stockholm, the OMX Stockholm 30 fell 1.29% to hit a new 1-month low.
The best performers of the session on the OMX Stockholm 30 were Telefonaktiebolaget LM Ericsson Class B (ST:ERICb), which rose 2.71% or 2.16 points to trade at 81.84 at the close. Meanwhile, Telia Company AB (ST:TELIA) added 1.13% or 0.48 points to end at 42.90 and Tele2 AB (ST:TEL2b) was up 0.76% or 1.00 points to 131.90 in late trade.
The worst performers of the session were Essity AB B (ST:ESSITYb), which fell 7.10% or 20.70 points to trade at 270.70 at the close. Nordea Bank Abp (ST:NDASE) declined 6.29% or 4.37 points to end at 65.12 and AB SKF B (ST:SKFb) was down 4.25% or 7.0 points to 158.7.
Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 431 to 205 and 55 ended unchanged.
Shares in Nordea Bank Abp (ST:NDASE) fell to 5-year lows; down 6.29% or 4.37 to 65.12.
Crude oil for August delivery was down 3.28% or 1.86 to $54.92 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 3.38% or 2.15 to hit $61.51 a barrel, while the August Gold Futures contract rose 0.78% or 11.15 to trade at $1434.45 a troy ounce.
EUR/SEK was down 0.13% to 10.4968, while USD/SEK fell 0.34% to 9.3338.
The US Dollar Index Futures was down 0.23% at 96.627.