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Sweden shares lower at close of trade; OMX Stockholm 30 down 0.51%

Published 22/08/2017, 02:05 am
© Reuters.  Sweden shares lower at close of trade; OMX Stockholm 30 down 0.51%
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Investing.com – Sweden equities were lower at the close on Monday, as losses in the Technology, Consumer Services and Telecoms sectors propelled shares lower.

At the close in Stockholm, the OMX Stockholm 30 declined 0.51% to hit a new 6-month low.

The biggest gainers of the session on the OMX Stockholm 30 were Swedish Match AB (ST:SWMA), which rose 0.43% or 1.2 points to trade at 281.9 at the close. ASSA ABLOY AB ser. B (ST:ASSAb) added 0.24% or 0.4 points to end at 170.0 and Getinge AB ser. B (ST:GETIb) was up 0.21% or 0.3 points to 143.0 in late trade.

Biggest losers included Fingerprint Cards AB ser. B (ST:FINGb), which lost 2.13% or 0.73 points to trade at 33.59 in late trade. Telefonaktiebolaget LM Ericsson B (ST:ERICb) declined 1.63% or 0.80 points to end at 48.30 and Skanska AB ser. B (ST:SKAb) shed 1.40% or 2.50 points to 175.50.

Declining stocks outnumbered rising ones by 459 to 250 and 85 ended unchanged on the Stockholm Stock Exchange.

In commodities trading, Crude oil for October delivery was down 1.71% or 0.83 to $47.83 a barrel. Meanwhile, Brent oil for delivery in October fell 1.80% or 0.95 to hit $51.77 a barrel, while the December Gold Futures contract rose 0.28% or 3.60 to trade at $1295.20 a troy ounce.

EUR/SEK was down 0.10% to 9.5358, while USD/SEK fell 0.56% to 8.0721.

The US Dollar Index Futures was down 0.35% at 93.03.

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