Sweden stocks lower at close of trade; OMX Stockholm 30 down 0.93%

investing.com 03/09/2024 - 16:00 PM

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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