Sweden Stock Market Update

Investing.com – Sweden stocks were lower after the close on Tuesday, as losses in the Oil & Gas, Financials, and Basic Materials sectors led shares lower.

At the close in Stockholm, the OMX Stockholm 30 lost 0.40%.

Best Performers

The best performers of the session on the OMX Stockholm 30 were:
– SAAB AB ser. B (ST:SAABb): rose 1.11% or 2.60 points to trade at 237.70 at the close.
– Essity AB B (ST:ESSITYb): added 0.59% or 1.80 points to end at 305.40.
– Tele2 AB (ST:TEL2b): was up 0.44% or 0.50 points to 114.40 in late trade.

Worst Performers

The worst performers of the session were:
– Samhallsbyggnadsbolaget i Norden AB (ST:SBBb): fell 3.60% or 0.23 points to trade at 6.21 at the close.
– NIBE Industrier AB ser. B (ST:NIBEb): declined 2.69% or 1.40 points to end at 50.70.
– Electrolux AB Class B (ST:ELUXb): was down 2.37% or 2.40 points to 97.20.

Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 468 to 277, while 93 ended unchanged.

Shares in Tele2 AB (ST:TEL2b) rose to 52-week highs, increasing 0.44% or 0.50 to 114.40.

Commodities Update

Crude oil for October delivery decreased by 2.05% or 1.59 to $75.83 a barrel. Meanwhile, Brent oil for November delivery fell by 1.77% or 1.42 to hit $78.94 a barrel, and the December Gold Futures contract fell by 0.36% or 9.15 to trade at $2,546.05 a troy ounce.

Currency Update

• EUR/SEK was down 0.31% to 11.36.
• USD/SEK fell 0.32% to 10.18.

The US Dollar Index Futures was down 0.09% at 100.65.