Investing.com – Sweden equities were lower at the close on Tuesday, as losses in the Oil & Gas, Telecoms and Financials sectors propelled shares lower.
At the close in Stockholm, the OMX Stockholm 30 lost 1.27%.
The biggest gainers of the session on the OMX Stockholm 30 were Alfa Laval AB (ST:ALFA), which rose 0.54% or 0.8 points to trade at 149.7 at the close. ASSA ABLOY AB ser. B (ST:ASSAb) fell 0.12% or 0.2 points to end at 165.0 and Svenska Cellulosa AB SCA ser. B (ST:SCAb) was down 0.21% or 0.5 points to 239.8 in late trade.
Biggest losers included Lundin Petroleum AB (ST:LUPE), which lost 3.01% or 3.70 points to trade at 119.20 in late trade. Telefonaktiebolaget L M Ericsson B (ST:ERICb) declined 3.00% or 2.50 points to end at 80.90 and SKF, AB ser. B (ST:SKFb) shed 2.81% or 4.3 points to 148.6.
Declining stocks outnumbered rising ones by 350 to 212 and 1 ended unchanged on the Stockholm Stock Exchange.
In commodities trading, Crude oil for December delivery was down 2.52% or 1.11 to $42.87 a barrel. Meanwhile, Brent oil for delivery in December fell 1.86% or 0.89 to hit $46.66 a barrel, while the December Gold contract fell 0.02% or 0.20 to trade at $1166.00 a troy ounce.
EUR/SEK was down 0.24% to 9.3852, while USD/SEK fell 0.10% to 8.5001.
The US Dollar Index was up 0.07% at 96.98.