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Sweden shares lower at close of trade; OMX Stockholm 30 down 0.26%

Published 20/12/2024, 17:00
© Reuters Sweden shares lower at close of trade; OMX Stockholm 30 down 0.26%
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Investing.com – Sweden equities were lower at the close on Friday, as losses in the Oil & Gas, Telecoms and Industrials sectors propelled shares lower.

At the close in Stockholm, the OMX Stockholm 30 lost 0.26% to hit a new 3-month low.

The biggest gainers of the session on the OMX Stockholm 30 were H & M Hennes & Mauritz AB B (ST:HMb), which rose 1.62% or 2.40 points to trade at 150.90 at the close. ABB Ltd (ST:ABB) added 0.90% or 5.40 points to end at 603.60 and AstraZeneca PLC (ST:AZN) was up 0.70% or 10.00 points to 1,433.00 in late trade.

Biggest losers included Nordea Bank Abp (ST:NDASE), which lost 1.75% or 2.10 points to trade at 117.60 in late trade. Skandinaviska Enskilda Banken AB A (ST:SEBa) declined 1.65% or 2.50 points to end at 148.70 and Swedbank AB ser A (ST:SWEDa) shed 1.39% or 3.00 points to 213.20.

Declining stocks outnumbered rising ones by 397 to 382 and 79 ended unchanged on the Stockholm Stock Exchange.

In commodities trading, Crude oil for January delivery was down 1.73% or 1.22 to $69.36 a barrel. Meanwhile, Brent oil for delivery in February fell 0.10% or 0.07 to hit $72.81 a barrel, while the February Gold Futures contract rose 1.44% or 37.64 to trade at $2,645.74 a troy ounce.

EUR/SEK was up 0.45% to 11.47, while USD/SEK fell 0.28% to 10.99.

The US Dollar Index Futures was down 0.71% at 107.38.

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