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Sweden shares lower at close of trade; OMX Stockholm 30 down 1.21%

Published 05/05/2016, 02:05 am
© Reuters.  Sweden shares lower at close of trade; OMX Stockholm 30 down 1.21%
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Investing.com – Sweden equities were lower at the close on Wednesday, as losses in the Consumer Services, Telecoms and Healthcare sectors propelled shares lower.

At the close in Stockholm, the OMX Stockholm 30 fell 1.21% to hit a new 1-month low.

The biggest gainers of the session on the OMX Stockholm 30 were Swedish Match AB (ST:SWMA), which rose 7.23% or 18.3 points to trade at 271.3 at the close. Securitas AB ser. B (ST:SECUb) added 1.45% or 1.80 points to end at 126.20 and Lundin Petroleum AB (ST:LUPE) was up 1.09% or 1.60 points to 148.40 in late trade.

Biggest losers included Hennes & Mauritz AB, H & M ser. B (ST:HMb), which lost 4.48% or 12.6 points to trade at 268.8 in late trade. Boliden AB (ST:BOL) declined 2.21% or 3.10 points to end at 137.10 and Kinnevik, Investment AB ser. B (ST:KINVBs) shed 2.01% or 4.5 points to 219.7.

Declining stocks outnumbered rising ones by 310 to 226 and 58 ended unchanged on the Stockholm Stock Exchange.

In commodities trading, Crude oil for June delivery was up 0.48% or 0.21 to $43.86 a barrel. Meanwhile, Brent oil for delivery in July fell 0.22% or 0.10 to hit $44.87 a barrel, while the June Gold contract fell 0.84% or 10.85 to trade at $1280.95 a troy ounce.

EUR/SEK was down 0.01% to 9.2656, while USD/SEK rose 0.02% to 8.0618.

The US Dollar Index was up 0.26% at 93.26.

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