Sweden Stock Market Overview

Investing.com – Sweden stocks were lower after the close on Wednesday, as losses in the Basic Materials, Industrials, and Financials sectors led shares lower.

At the close in Stockholm, the OMX Stockholm 30 lost 1.33%.

Top Performers

The best performers of the session on the OMX Stockholm 30 were:
– Telia Company AB (ST:TELIA): rose 0.43% or 0.14 points to trade at 32.76 at the close.
– Samhallsbyggnadsbolaget i Norden AB (ST:SBBb): added 0.35% or 0.02 points to end at 6.24.
– Electrolux AB Class B (ST:ELUXb): up 0.34% or 0.30 points to 95.30 in late trade.

Worst Performers

The worst performers of the session were:
– AB SKF B (ST:SKFb): fell 3.47% or 6.60 points to trade at 183.40.
– Sandvik AB (ST:SAND): declined 3.37% or 7.10 points to end at 203.80.
– Kinnevik, Investment AB ser. B (ST:KINVb): down 3.16% or 2.50 points to 75.40.

Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 463 to 305, and 80 ended unchanged.

Shares in Telia Company AB (ST:TELIA) rose to 52-week highs; up 0.43% or 0.14 to 32.76. Conversely, shares in Kinnevik, Investment AB ser. B (ST:KINVb) fell to 5-year lows; down 3.16% or 2.50 to 75.40.

Commodities Overview

• Crude oil for October delivery was down 0.87% or 0.61 to $69.73 a barrel.
• Elsewhere in commodities trading, Brent oil for delivery in November fell 0.76% or 0.56 to hit $73.19 a barrel.
• The December Gold Futures contract rose 0.11% or 2.75 to trade at $2,525.75 a troy ounce.

Currency Update

• EUR/SEK was up 0.14% to 11.39.
• USD/SEK fell 0.12% to 10.28.

US Dollar Index Futures

The US Dollar Index Futures was down 0.43% at 101.33.