Sweden Stock Market Summary

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

At the close in Stockholm, the OMX Stockholm 30 fell 0.07% to hit a new 1-month low.

Best Performers

The best performers of the session on the OMX Stockholm 30 were:
– NIBE Industrier AB ser. B (ST:NIBEb) rose 2.31% or 1.10 points to trade at 50.00 at the close.
– Getinge AB ser. B (ST:GETIb) added 1.52% or 2.80 points to end at 186.50.
– Sinch AB (ST:SINCH) was up 1.48% or 0.33 points to 22.60 in late trade.

Worst Performers

The worst performers of the session were:
– Electrolux AB Class B (ST:ELUXb) fell 2.58% or 2.30 points to trade at 86.20 at the close.
– AB SKF B (ST:SKFb) declined 1.79% or 3.70 points to end at 202.80.
– Skandinaviska Enskilda Banken AB A (ST:SEBa) was down 1.38% or 2.10 points to 149.70.

Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 462 to 305 and 74 ended unchanged.

Commodities Update

• Crude oil for December delivery was up 0.35% or 0.24 to $68.36 a barrel.
• Brent oil for delivery in January rose 0.40% or 0.29 to hit $72.18 a barrel.
• The December Gold Futures contract fell 0.64% or 16.55 to trade at $2,589.75 a troy ounce.

Currency Movements

• EUR/SEK was up 0.37% to 11.61.
• USD/SEK rose 0.88% to 10.99.
• The US Dollar Index Futures was up 0.36% at 106.33.