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Sweden shares lower at close of trade; OMX Stockholm 30 down 0.27%

Published 11/12/2024, 17:00
Updated 11/12/2024, 17:01
© Reuters Sweden shares lower at close of trade; OMX Stockholm 30 down 0.27%
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Investing.com – Sweden equities were lower at the close on Wednesday, as losses in the Financials, Telecoms and Basic Materials sectors propelled shares lower.

At the close in Stockholm, the OMX Stockholm 30 fell 0.27%.

The biggest gainers of the session on the OMX Stockholm 30 were Samhallsbyggnadsbolaget i Norden AB (ST:SBBb), which rose 6.90% or 0.23 points to trade at 3.53 at the close. SAAB AB ser. B (ST:SAABb) added 1.90% or 4.40 points to end at 233.20 and Electrolux AB Class B (ST:ELUXb) was up 1.80% or 1.70 points to 97.10 in late trade.

Biggest losers included Nordea Bank Abp (ST:NDASE), which lost 2.01% or 2.50 points to trade at 122.00 in late trade. H & M Hennes & Mauritz AB B (ST:HMb) declined 1.98% or 3.30 points to end at 160.70 and Evolution AB (ST:EVOG) shed 1.89% or 18.60 points to 966.20.

Declining stocks outnumbered rising ones by 424 to 352 and 65 ended unchanged on the Stockholm Stock Exchange.

In commodities trading, Crude oil for January delivery was up 1.97% or 1.35 to $69.94 a barrel. Meanwhile, Brent oil for delivery in February rose 1.51% or 1.09 to hit $73.28 a barrel, while the February Gold Futures contract rose 1.31% or 35.64 to trade at $2,754.04 a troy ounce.

EUR/SEK was down 0.24% to 11.52, while USD/SEK fell 0.08% to 10.96.

The US Dollar Index Futures was up 0.12% at 106.21.

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