Sweden Stock Market Update
Investing.com – Sweden stocks were lower after the close on Tuesday, with losses in the Basic Materials, Oil & Gas, and Financials sectors leading shares downward.
At the close in Stockholm, the OMX Stockholm 30 declined 0.93%.
Top Performers
The best performers of the session on the OMX Stockholm 30 were:
– Getinge AB ser. B (ST:GETIb): Rose 2.31% or 4.90 points to trade at 217.10.
– Essity AB B (ST:ESSITYb): Added 1.38% or 4.30 points to end at 315.70.
– Telia Company AB (ST:TELIA): Up 0.80% or 0.26 points to 32.62 in late trade.
Worst Performers
The worst performers of the session were:
– Samhallsbyggnadsbolaget i Norden AB (ST:SBBb): Fell 6.32% or 0.42 points to trade at 6.21.
– Boliden AB (ST:BOL): Declined 5.59% or 17.40 points to end at 293.60.
– Sinch AB (ST:SINCH): Down 3.50% or 1.04 points to 28.70.
Market Summary
Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 591 to 189, with 83 ending unchanged.
Shares in Essity AB B (ST:ESSITYb) rose to 3-year highs, up 1.38% or 4.30 to 315.70. Telia Company AB (ST:TELIA) reached 52-week highs, gaining 0.80% or 0.26 to 32.62.
Commodities Update
Crude oil for October delivery fell 4.00% or 2.94 to $70.61 a barrel. In commodities trading, Brent oil for November delivery decreased 4.49% or 3.48 to $74.04 a barrel, and the December Gold Futures contract fell 0.28% or 7.10 to $2,520.50 a troy ounce.
Currency Update
- EUR/SEK: Up 0.32% to 11.38.
- USD/SEK: Rose 0.58% to 10.31.
- US Dollar Index Futures: Up 0.11% at 101.74.
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