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Sweden shares lower at close of trade; OMX Stockholm 30 down 0.51%

Published 29/10/2024, 17:00
© Reuters Sweden shares lower at close of trade; OMX Stockholm 30 down 0.51%
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Investing.com – Sweden equities were lower at the close on Tuesday, as losses in the Industrials, Oil & Gas and Basic Materials sectors propelled shares lower.

At the close in Stockholm, the OMX Stockholm 30 declined 0.51%.

The biggest gainers of the session on the OMX Stockholm 30 were Sinch AB (ST:SINCH), which rose 2.59% or 0.79 points to trade at 31.33 at the close. Boliden AB (ST:BOL) added 1.04% or 3.50 points to end at 339.50 and Skandinaviska Enskilda Banken AB A (ST:SEBa) was up 0.82% or 1.25 points to 153.75 in late trade.

Biggest losers included Evolution AB (ST:EVOG), which lost 2.98% or 31.00 points to trade at 1,010.50 in late trade. Essity AB B (ST:ESSITYb) declined 2.27% or 7.10 points to end at 305.50 and H & M Hennes & Mauritz AB B (ST:HMb) shed 1.91% or 3.30 points to 166.80.

Declining stocks outnumbered rising ones by 448 to 313 and 83 ended unchanged on the Stockholm Stock Exchange.

In commodities trading, Crude oil for December delivery was down 0.43% or 0.29 to $67.09 a barrel. Meanwhile, Brent oil for delivery in January fell 0.51% or 0.36 to hit $70.64 a barrel, while the December Gold Futures contract rose 0.97% or 26.80 to trade at $2,782.70 a troy ounce.

EUR/SEK was unchanged 0.03% to 11.51, while USD/SEK rose 0.10% to 10.65.

The US Dollar Index Futures was up 0.06% at 104.24.

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