Investing.com – Sweden equities were lower at the close on Thursday, as losses in the Basic Materials, Oil & Gas and Consumer Goods sectors propelled shares lower.
At the close in Stockholm, the OMX Stockholm 30 fell 2.14% to hit a new 52-week low.
The biggest gainers of the session on the OMX Stockholm 30 were AstraZeneca PLC (ST:AZN), which fell 0.75% or 5.2 points to trade at 689.0 at the close. Electrolux, AB ser. B (ST:ELUXb) fell 0.99% or 1.9 points to end at 190.2 and Swedbank AB ser A (ST:SWEDa) was down 0.99% or 2.0 points to 199.9 in late trade.
Biggest losers included Tele2 AB (ST:TEL2b), which lost 4.49% or 5.05 points to trade at 107.40 in late trade. Swedish Match AB (ST:SWMA) declined 4.27% or 15.7 points to end at 351.6 and Boliden AB (ST:BOL) shed 4.09% or 8.20 points to 192.40.
Declining stocks outnumbered rising ones by 483 to 158 and 36 ended unchanged on the Stockholm Stock Exchange.
In commodities trading, Crude oil for February delivery was down 4.09% or 1.97 to $46.20 a barrel. Meanwhile, Brent oil for delivery in February fell 3.69% or 2.11 to hit $55.13 a barrel, while the February Gold Futures contract rose 0.51% or 6.35 to trade at $1262.75 a troy ounce.
EUR/SEK was down 0.66% to 10.2829, while USD/SEK fell 1.17% to 8.9932.
The US Dollar Index Futures was down 0.45% at 96.050.