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Sweden shares lower at close of trade; OMX Stockholm 30 down 0.62%

Published 11/11/2016, 17:05
Sweden shares lower at close of trade; OMX Stockholm 30 down 0.62%
ABBN
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BOL
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ASSAb
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HMb
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TELIA
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OMXS30
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SX55PI
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SX9500PI
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SX60PI
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FINGb
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Investing.com – Sweden equities were lower at the close on Friday, as losses in the Oil & Gas, Basic Materials and Technology sectors propelled shares lower.

At the close in Stockholm, the OMX Stockholm 30 fell 0.62%.

The biggest gainers of the session on the OMX Stockholm 30 were Telia Company AB (ST:TELIA), which rose 2.13% or 0.73 points to trade at 34.98 at the close. Hennes & Mauritz AB, H & M ser. B (ST:HMb) added 0.52% or 1.3 points to end at 250.7 and ABB Ltd (ST:ABB) was up 0.21% or 0.4 points to 193.2 in late trade.

Biggest losers included Boliden AB (ST:BOL), which lost 2.96% or 6.80 points to trade at 223.00 in late trade. Fingerprint Cards AB ser. B (ST:FINGb) declined 2.56% or 2.15 points to end at 81.95 and ASSA ABLOY AB ser. B (ST:ASSAb) shed 2.46% or 4.3 points to 170.2.

Declining stocks outnumbered rising ones by 391 to 218 and 56 ended unchanged on the Stockholm Stock Exchange.

In commodities trading, Crude oil for December delivery was down 2.91% or 1.30 to $43.36 a barrel. Meanwhile, Brent oil for delivery in January fell 2.90% or 1.33 to hit $44.51 a barrel, while the December Gold contract fell 2.76% or 34.95 to trade at $1231.45 a troy ounce.

EUR/SEK was up 0.13% to 9.8603, while USD/SEK rose 0.65% to 9.0953.

The US Dollar Index was up 0.26% at 99.05.

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