U.K. unemployment rose to 4.7% in May; wage growth slows
Investing.com – Sweden equities were lower at the close on Wednesday, as losses in the Oil & Gas, Basic Materials and Industrials 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 SAAB AB ser. B (ST:SAABb), which rose 3.92% or 16.90 points to trade at 446.70 at the close. Evolution AB (ST:EVOG) added 1.93% or 12.80 points to end at 675.00 and Samhallsbyggnadsbolaget i Norden AB (ST:SBBb) was up 0.62% or 0.04 points to 6.15 in late trade.
Biggest losers included H & M Hennes & Mauritz AB B (ST:HMb), which lost 2.52% or 3.50 points to trade at 135.40 in late trade. Alfa Laval AB (ST:ALFA) declined 1.70% or 7.10 points to end at 410.00 and Electrolux AB Class B (ST:ELUXb) shed 1.61% or 1.00 points to 62.40.
Declining stocks outnumbered rising ones by 406 to 354 and 66 ended unchanged on the Stockholm Stock Exchange.
In commodities trading, Crude oil for July delivery was up 2.57% or 1.67 to $66.65 a barrel. Meanwhile, Brent oil for delivery in August rose 2.23% or 1.49 to hit $68.36 a barrel, while the August Gold Futures contract rose 0.27% or 8.90 to trade at $3,352.30 a troy ounce.
EUR/SEK was up 0.21% to 10.98, while USD/SEK fell 0.33% to 9.56.
The US Dollar Index Futures was down 0.46% at 98.61.