Sweden Market Update

Investing.com – Sweden stocks were lower after the close on Wednesday, as losses in the Telecoms, Industrials, and Healthcare sectors led shares lower.

At the close in Stockholm, the OMX Stockholm 30 fell 0.82%.

Best Performers

The best performers of the session on the OMX Stockholm 30 were:
– Hexagon AB ser. B (ST:HEXAb): rose 1.74% or 1.80 points to trade at 102.20.
– ABB Ltd (ST:ABB): added 1.41% or 8.60 points to end at 620.40.
– Skandinaviska Enskilda Banken AB A (ST:SEBa): up 0.65% or 1.00 points to 155.85.

Worst Performers

The worst performers of the session were:
– Sinch AB (ST:SINCH): fell 26.98% or 8.81 points to trade at 23.84.
– NIBE Industrier AB ser. B (ST:NIBEb): declined 7.23% or 4.00 points to end at 50.80.
– Essity AB B (ST:ESSITYb): down 3.69% or 11.20 points to 292.50.

Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 513 to 247, with 78 ending unchanged.

Shares in ABB Ltd (ST:ABB) rose to all-time highs; gaining 1.41% or 8.60 to 620.40.

Commodities Update

• Crude oil for December delivery: up 0.14% or 0.10 to $72.09 a barrel.
• Brent oil for January delivery: fell 0.15% or 0.11 to $75.42 a barrel.
• December Gold Futures contract: fell 2.62% or 72.05 to trade at $2,677.65 a troy ounce.

Currency Update

• EUR/SEK: down 0.35% to 11.65.
• USD/SEK: rose 1.42% to 10.84.

The US Dollar Index Futures was up 1.59% at 104.97.