Investing.com – Sweden equities were lower at the close on Monday, as losses in the Technology, Telecoms and Consumer Services sectors propelled shares lower.
At the close in Stockholm, the OMX Stockholm 30 lost 1.10% to hit a new 52-week low.
The biggest gainers of the session on the OMX Stockholm 30 were Fingerprint Cards AB ser. B (ST:FINGb), which rose 0.35% or 0.03 points to trade at 7.98 at the close. Kinnevik, Investment AB ser. B (ST:KINVb) added 0.10% or 0.3 points to end at 290.6 and Swedish Match AB (ST:SWMA) was down 0.06% or 0.2 points to 362.4 in late trade.
Biggest losers included Telefonaktiebolaget LM Ericsson Class B (ST:ERICb), which lost 3.45% or 1.86 points to trade at 52.08 in late trade. Electrolux, AB ser. B (ST:ELUXb) declined 2.36% or 6.3 points to end at 260.5 and Tele2 AB (ST:TEL2b) shed 1.81% or 1.76 points to 95.50.
Declining stocks outnumbered rising ones by 414 to 206 and 53 ended unchanged on the Stockholm Stock Exchange.
In commodities trading, Crude oil for May delivery was down 0.49% or 0.32 to $65.56 a barrel. Meanwhile, Brent oil for delivery in June fell 0.47% or 0.33 to hit $69.48 a barrel, while the April Gold Futures contract rose 0.39% or 5.30 to trade at $1355.20 a troy ounce.
EUR/SEK was up 0.04% to 10.1948, while USD/SEK fell 0.64% to 8.1957.
The US Dollar Index Futures was down 0.49% at 88.66.