Investing.com – Sweden equities were lower at the close on Tuesday, as losses in the Basic Materials, Consumer Goods and Financials sectors propelled shares lower.
At the close in Stockholm, the OMX Stockholm 30 declined 0.37%.
The biggest gainers of the session on the OMX Stockholm 30 were Telefonaktiebolaget LM Ericsson B (ST:ERICb), which rose 1.74% or 0.92 points to trade at 53.67 at the close. Electrolux, AB ser. B (ST:ELUXb) added 1.25% or 2.8 points to end at 226.8 and H & M Hennes & Mauritz AB B (ST:HMb) was up 1.11% or 2.7 points to 245.6 in late trade.
Biggest losers included SSAB AB ser. A (ST:SSABa), which lost 2.83% or 0.97 points to trade at 33.32 in late trade. Swedish Match AB (ST:SWMA) declined 2.16% or 6.2 points to end at 280.5 and Boliden AB (ST:BOL) shed 2.06% or 5.20 points to 246.80.
Declining stocks outnumbered rising ones by 370 to 217 and 76 ended unchanged on the Stockholm Stock Exchange.
In commodities trading, Crude oil for February delivery was up 0.52% or 0.27 to $52.64 a barrel. Meanwhile, Brent oil for delivery in March fell 0.04% or 0.02 to hit $55.84 a barrel, while the February Gold contract rose 1.31% or 15.65 to trade at $1211.85 a troy ounce.
EUR/SEK was up 0.42% to 9.5285, while USD/SEK fell 0.44% to 8.9095.
The US Dollar Index was down 1.05% at 100.46.