Investing.com – Sweden equities were lower at the close on Thursday, as losses in the Basic Materials, Telecoms and Industrials sectors propelled shares lower.
At the close in Stockholm, the OMX Stockholm 30 declined 0.35%.
The biggest gainers of the session on the OMX Stockholm 30 were ABB Ltd (ST:ABB), which rose 2.00% or 3.5 points to trade at 178.7 at the close. Swedbank AB ser A (ST:SWEDa) added 1.03% or 1.8 points to end at 177.1 and Telefonaktiebolaget L M Ericsson B (ST:ERICb) was up 1.01% or 0.63 points to 63.23 in late trade.
Biggest losers included SKF, AB ser. B (ST:SKFb), which lost 6.42% or 9.2 points to trade at 134.1 in late trade. Fingerprint Cards AB ser. B (ST:FINGb) declined 3.27% or 3.40 points to end at 100.50 and SSAB AB ser. A (ST:SSABa) shed 2.86% or 0.75 points to 25.47.
Declining stocks outnumbered rising ones by 318 to 246 and 74 ended unchanged on the Stockholm Stock Exchange.
In commodities trading, Crude oil for September delivery was down 1.88% or 0.86 to $44.89 a barrel. Meanwhile, Brent oil for delivery in September fell 1.63% or 0.77 to hit $46.40 a barrel, while the August Gold contract rose 0.73% or 9.65 to trade at $1328.95 a troy ounce.
EUR/SEK was down 0.04% to 9.4699, while USD/SEK fell 0.07% to 8.5971.
The US Dollar Index was down 0.14% at 97.02.