Investing.com – Sweden equities were lower at the close on Friday, as losses in the Industrials, Oil & Gas and Financials sectors propelled shares lower.
At the close in Stockholm, the OMX Stockholm 30 lost 0.04%.
The biggest gainers of the session on the OMX Stockholm 30 were Boliden AB (ST:BOL), which rose 7.71% or 12.40 points to trade at 173.20 at the close. Nokia Oyj (ST:NOKI) added 3.40% or 1.95 points to end at 59.25 and Telefonaktiebolaget L M Ericsson B (ST:ERICb) was up 3.38% or 3.05 points to 93.35 in late trade.
Biggest losers included Volvo, AB ser. B (ST:VOLVb), which lost 6.33% or 6.90 points to trade at 102.10 in late trade. Sandvik AB (ST:SAND) declined 4.68% or 4.40 points to end at 89.55 and Modern Times Group MTG AB ser. B (ST:MTGBs) shed 1.88% or 4.6 points to 240.4.
Declining stocks outnumbered rising ones by 226 to 210 and 7 ended unchanged on the Stockholm Stock Exchange.
In commodities trading, Crude oil for August delivery was down 1.08% or 0.55 to $50.36 a barrel. Meanwhile, Brent oil for delivery in September fell 0.33% or 0.18 to hit $56.73 a barrel, while the August Gold contract fell 1.16% or 13.30 to trade at $1130.60 a troy ounce.
EUR/SEK was up 0.80% to 9.3747, while USD/SEK rose 1.05% to 8.6422.
The US Dollar Index was up 0.23% at 97.98.