Sweden Stocks Close Lower

Investing.com – Sweden stocks were lower after the close on Thursday, with losses in the Financials, Telecoms, and Industrials sectors leading shares downward.

At the close in Stockholm, the OMX Stockholm 30 declined 1.00%.

Best Performers

The best performers of the session on the OMX Stockholm 30 were:
– Svenska Cellulosa SCA AB B (ST:SCAb): rose 1.46% or 2.20 points to trade at 149.50.
– Volvo, AB ser. B (ST:VOLVb): added 0.45% or 1.20 points to end at 266.30.
– Electrolux AB Class B (ST:ELUXb): was down 0.10% or 0.10 points to 100.80.

Worst Performers

The worst performers of the session were:
– Swedbank AB ser A (ST:SWEDa): fell 3.08% or 6.50 points to trade at 204.70.
– NIBE Industrier AB ser. B (ST:NIBEb): declined 2.77% or 1.50 points to end at 51.90.
– Svenska Handelsbanken AB A (ST:SHBa): down 2.55% or 2.65 points to 101.20.

Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 472 to 270, with 84 ending unchanged.

Commodities Overview

• Crude oil for November delivery was up 4.31% or 3.02 to $73.12 a barrel.
• Brent oil for delivery in December rose 4.09% or 3.02 to hit $76.92 a barrel.
• The December Gold Futures contract fell 0.01% or 0.35 to trade at $2,669.35 a troy ounce.

Currency Exchange Rates

• EUR/SEK was up 0.28% to 11.37.
• USD/SEK rose 0.55% to 10.32.

The US Dollar Index Futures was up 0.38% at 101.81.