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Sweden shares lower at close of trade; OMX Stockholm 30 down 1.69%

Published 27/12/2018, 17:05
Updated 27/12/2018, 17:05
© Reuters.  Sweden shares lower at close of trade; OMX Stockholm 30 down 1.69%

Investing.com – Sweden equities were lower at the close on Thursday, as losses in the Technology, Telecoms and Healthcare sectors propelled shares lower.

At the close in Stockholm, the OMX Stockholm 30 declined 1.69% to hit a new 52-week low.

The biggest gainers of the session on the OMX Stockholm 30 were Atlas Copco AB Class A (ST:ATCOa), which rose 0.41% or 0.8 points to trade at 207.6 at the close. AB SKF B (ST:SKFb) added 0.27% or 0.3 points to end at 131.2 and Alfa Laval AB (ST:ALFA) was up 0.19% or 0.3 points to 188.8 in late trade.

Biggest losers included Autoliv Inc . SDB (ST:ALIVsdb), which lost 4.54% or 29.6 points to trade at 622.6 in late trade. SSAB AB ser. A (ST:SSABa) declined 4.50% or 1.41 points to end at 29.90 and Telefonaktiebolaget LM Ericsson Class B (ST:ERICb) shed 3.70% or 2.88 points to 75.06.

Declining stocks outnumbered rising ones by 499 to 157 and 38 ended unchanged on the Stockholm Stock Exchange.

In commodities trading, Crude oil for February delivery was down 3.60% or 1.68 to $44.93 a barrel. Meanwhile, Brent oil for delivery in March fell 3.65% or 2.02 to hit $53.27 a barrel, while the February Gold Futures contract rose 0.71% or 9.05 to trade at $1278.80 a troy ounce.

EUR/SEK was down 0.42% to 10.2926, while USD/SEK fell 1.01% to 9.0121.

The US Dollar Index Futures was down 0.41% at 96.183.

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