Investing.com – Sweden equities were lower at the close on Wednesday, as losses in the Basic Materials, Industrials and Financials sectors propelled shares lower.
At the close in Stockholm, the OMX Stockholm 30 lost 0.98%.
The biggest gainers of the session on the OMX Stockholm 30 were SAAB AB ser. B (ST:SAABb), which rose 3.61% or 8.80 points to trade at 251.20 at the close. Sinch AB (ST:SINCH) added 2.17% or 0.60 points to end at 28.25 and Sandvik AB (ST:SAND) was up 1.21% or 2.60 points to 217.70 in late trade.
Biggest losers included Volvo, AB ser. B (ST:VOLVb), which lost 3.74% or 10.50 points to trade at 270.60 in late trade. AB SKF B (ST:SKFb) declined 3.23% or 6.50 points to end at 194.70 and Kinnevik, Investment AB ser. B (ST:KINVb) shed 2.55% or 2.30 points to 87.50.
Declining stocks outnumbered rising ones by 455 to 307 and 88 ended unchanged on the Stockholm Stock Exchange.
In commodities trading, Crude oil for September delivery was up 0.99% or 0.76 to $77.72 a barrel. Meanwhile, Brent oil for delivery in September rose 0.98% or 0.79 to hit $81.80 a barrel, while the August Gold Futures contract rose 0.64% or 15.50 to trade at $2,422.80 a troy ounce.
EUR/SEK was up 0.04% to 11.68, while USD/SEK rose 0.06% to 10.77.
The US Dollar Index Futures was down 0.21% at 103.96.