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Sweden shares lower at close of trade; OMX Stockholm 30 down 0.94%

Published 04/04/2018, 17:05
Updated 04/04/2018, 17:06
© Reuters.  Sweden shares lower at close of trade; OMX Stockholm 30 down 0.94%

© Reuters. Sweden shares lower at close of trade; OMX Stockholm 30 down 0.94%

Investing.com – Sweden equities were lower at the close on Wednesday, as losses in the Industrials, Basic Materials and Technology sectors propelled shares lower.

At the close in Stockholm, the OMX Stockholm 30 lost 0.94% to hit a new 52-week low.

The biggest gainers of the session on the OMX Stockholm 30 were Autoliv Inc . SDB (ST:ALIVsdb), which rose 1.14% or 14.0 points to trade at 1246.0 at the close. Swedish Match AB (ST:SWMA) added 1.01% or 3.8 points to end at 379.8 and H & M Hennes & Mauritz AB B (ST:HMb) was up 0.42% or 0.5 points to 124.6 in late trade.

Biggest losers included ABB Ltd (ST:ABB), which lost 5.60% or 10.9 points to trade at 184.5 in late trade. Atlas Copco AB ser. B (ST:ATCOb) declined 2.87% or 9.0 points to end at 305.1 and Atlas Copco AB ser. A (ST:ATCOa) shed 2.71% or 9.5 points to 341.0.

Declining stocks outnumbered rising ones by 427 to 182 and 60 ended unchanged on the Stockholm Stock Exchange.

In commodities trading, Crude oil for May delivery was down 0.68% or 0.43 to $63.08 a barrel. Meanwhile, Brent oil for delivery in June fell 0.82% or 0.56 to hit $67.56 a barrel, while the June Gold Futures contract rose 0.13% or 1.70 to trade at $1339.00 a troy ounce.

EUR/SEK was up 0.26% to 10.3261, while USD/SEK rose 0.08% to 8.4007.

The US Dollar Index Futures was down 0.13% at 89.73.

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