Sweden Stocks Close Lower

Investing.com – Sweden’s stocks dropped after the close on Friday, driven down by losses in the Telecoms, Financials, and Industrials sectors.

At the close in Stockholm, the OMX Stockholm 30 experienced a loss of 0.11%.

Best Performers

• Hexagon AB ser. B (ST:HEXAb): rose 2.46% or 2.70 points, trading at 110.60.
• NIBE Industrier AB ser. B (ST:NIBEb): increased 1.41% or 0.80 points, closing at 56.20.
• Kinnevik, Investment AB ser. B (ST:KINVb): up 1.30% or 1.10 points, finishing at 83.30.

Worst Performers

• Samhallsbyggnadsbolaget i Norden AB (ST:SBBb): fell 3.65% or 0.28 points, to 7.44.
• Telia Company AB (ST:TELIA): declined 3.55% or 1.20 points, closing at 32.62.
• Svenska Handelsbanken AB A (ST:SHBa): down 1.69% or 1.80 points, trading at 104.75.

Market Statistics

Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 379 to 373, with 93 ending unchanged.

Commodity Prices

• Crude oil (November delivery) rose 0.53% or 0.36, priced at $68.03 a barrel.
• Brent oil (December delivery) increased 0.38% or 0.27, reaching $71.36 a barrel.
• December Gold Futures contract fell 0.86% or 23.10, trading at $2,671.80 a troy ounce.

Currency Exchange Rates

• EUR/SEK decreased 0.28% to 11.27.
• USD/SEK fell 0.10% to 10.10.
• The US Dollar Index Futures declined 0.04% to 100.21.