Investing.com – Sweden equities were lower at the close on Friday, as losses in the Oil & Gas, Telecoms and Basic Materials sectors propelled shares lower.
At the close in Stockholm, the OMX Stockholm 30 declined 0.42%.
The biggest gainers of the session on the OMX Stockholm 30 were Fingerprint Cards AB ser. B (ST:FINGb), which rose 1.34% or 0.31 points to trade at 23.50 at the close. Telefonaktiebolaget LM Ericsson Class B (ST:ERICb) added 0.69% or 0.32 points to end at 46.66 and Svenska Handelsbanken AB A (ST:SHBa) was up 0.48% or 0.6 points to 126.1 in late trade.
Biggest losers included Svenska Cellulosa SCA AB B (ST:SCAb), which lost 3.09% or 2.2 points to trade at 69.0 in late trade. Lundin Petroleum AB (ST:LUPE) declined 2.14% or 3.90 points to end at 178.20 and Electrolux, AB ser. B (ST:ELUXb) shed 1.83% or 5.2 points to 278.3.
Declining stocks outnumbered rising ones by 432 to 275 and 97 ended unchanged on the Stockholm Stock Exchange.
In commodities trading, Crude oil for November delivery was down 2.97% or 1.51 to $49.28 a barrel. Meanwhile, Brent oil for delivery in December fell 2.74% or 1.56 to hit $55.44 a barrel, while the December Gold Futures contract rose 0.33% or 4.17 to trade at $1277.37 a troy ounce.
EUR/SEK was down 0.01% to 9.5287, while USD/SEK fell 0.23% to 8.1213.
The US Dollar Index Futures was down 0.12% at 93.66.