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Sweden shares lower at close of trade; OMX Stockholm 30 down 1.06%

Published 02/02/2018, 17:05
Updated 02/02/2018, 17:10
© Reuters.  Sweden shares lower at close of trade; OMX Stockholm 30 down 1.06%

© Reuters. Sweden shares lower at close of trade; OMX Stockholm 30 down 1.06%

Investing.com – Sweden equities were lower at the close on Friday, as losses in the Oil & Gas, Basic Materials and Industrials sectors propelled shares lower.

At the close in Stockholm, the OMX Stockholm 30 lost 1.06% to hit a new 1-month low.

The biggest gainers of the session on the OMX Stockholm 30 were Telefonaktiebolaget LM Ericsson Class B (ST:ERICb), which rose 3.03% or 1.58 points to trade at 53.72 at the close. AstraZeneca PLC (ST:AZN) added 2.84% or 15.7 points to end at 568.7 and Skanska AB ser. B (ST:SKAb) was up 2.74% or 4.35 points to 163.25 in late trade.

Biggest losers included Fingerprint Cards AB ser. B (ST:FINGb), which lost 4.74% or 0.57 points to trade at 11.49 in late trade. AB SKF B (ST:SKFb) declined 4.20% or 7.9 points to end at 181.2 and Atlas Copco AB ser. B (ST:ATCOb) shed 3.35% or 11.0 points to 317.8.

Declining stocks outnumbered rising ones by 459 to 159 and 47 ended unchanged on the Stockholm Stock Exchange.

In commodities trading, Crude oil for March delivery was down 1.60% or 1.05 to $64.75 a barrel. Meanwhile, Brent oil for delivery in April fell 2.15% or 1.50 to hit $68.15 a barrel, while the April Gold Futures contract fell 1.02% or 13.70 to trade at $1334.20 a troy ounce.

EUR/SEK was up 0.40% to 9.8487, while USD/SEK rose 0.91% to 7.9099.

The US Dollar Index Futures was up 0.67% at 89.07.

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