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Sweden stocks lower at close of trade; OMX Stockholm 30 down 1.40%

Published 10/31/2024, 01:00 PM
Updated 10/31/2024, 01:09 PM
© Reuters Sweden stocks lower at close of trade; OMX Stockholm 30 down 1.40%
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Investing.com – Sweden stocks were lower after the close on Thursday, as losses in the Healthcare, Telecoms and Industrials sectors led shares lower.

At the close in Stockholm, the OMX Stockholm 30 fell 1.40% to hit a new 1-month low.

The best performers of the session on the OMX Stockholm 30 were Sinch AB (ST:SINCH), which rose 0.73% or 0.23 points to trade at 31.68 at the close. Meanwhile, Evolution AB (ST:EVOG) fell 0.10% or 1.00 points to end at 1,005.00 and Tele2 AB (ST:TEL2b) was down 0.27% or 0.30 points to 111.65 in late trade.

The worst performers of the session were SAAB AB ser. B (ST:SAABb), which fell 5.70% or 13.30 points to trade at 219.10 at the close. H & M Hennes & Mauritz AB B (ST:HMb) declined 4.47% or 7.40 points to end at 158.30 and Hexagon AB ser. B (ST:HEXAb) was down 3.88% or 4.00 points to 99.60.

Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 505 to 254 and 88 ended unchanged.

Crude oil for December delivery was up 0.73% or 0.50 to $69.11 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 0.64% or 0.46 to hit $72.62 a barrel, while the December Gold Futures contract fell 1.74% or 48.80 to trade at $2,752.00 a troy ounce.

EUR/SEK was up 0.14% to 11.60, while USD/SEK rose 0.11% to 10.68.

The US Dollar Index Futures was up 0.13% at 104.00.

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