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Sweden shares lower at close of trade; OMX Stockholm 30 down 1.43%

Published 11/07/2018, 17:05
© Reuters.  Sweden shares lower at close of trade; OMX Stockholm 30 down 1.43%
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Investing.com – Sweden equities were lower at the close on Wednesday, as losses in the Basic Materials, Industrials and Telecoms sectors propelled shares lower.

At the close in Stockholm, the OMX Stockholm 30 fell 1.43%.

The biggest gainers of the session on the OMX Stockholm 30 were Securitas AB ser. B (ST:SECUb), which fell 0.17% or 0.25 points to trade at 143.35 at the close. Swedish Match AB (ST:SWMA) fell 0.27% or 1.2 points to end at 449.9 and Autoliv Inc . SDB (ST:ALIVsdb) was down 0.35% or 3.2 points to 909.2 in late trade.

Biggest losers included Boliden AB (ST:BOL), which lost 5.07% or 14.70 points to trade at 275.10 in late trade. SSAB AB ser. A (ST:SSABa) declined 4.53% or 1.96 points to end at 41.26 and AB SKF B (ST:SKFb) shed 2.84% or 4.8 points to 162.3.

Declining stocks outnumbered rising ones by 402 to 220 and 46 ended unchanged on the Stockholm Stock Exchange.

In commodities trading, Crude oil for August delivery was down 2.32% or 1.72 to $72.39 a barrel. Meanwhile, Brent oil for delivery in September fell 3.21% or 2.53 to hit $76.33 a barrel, while the August Gold Futures contract fell 0.66% or 8.30 to trade at $1247.10 a troy ounce.

EUR/SEK was up 0.23% to 10.2889, while USD/SEK rose 0.40% to 8.7760.

The US Dollar Index Futures was up 0.25% at 94.08.

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