Sweden Stock Market Update

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

At the close in Stockholm, the OMX Stockholm 30 fell 2.23%, reaching a new 3-month low.

Best Performers

• Essity AB B (ST:ESSITYb): +0.27% or 0.80 points to trade at 295.60
• SAAB AB ser. B (ST:SAABb): -0.07% or 0.20 points to end at 225.00
• Telia Company AB (ST:TELIA): -0.39% or 0.12 points to 30.26

Worst Performers

• Kinnevik, Investment AB ser. B (ST:KINVb): -5.61% or 4.30 points to trade at 72.50
• ABB Ltd (ST:ABB): -5.29% or 33.40 points to end at 598.20
• Samhallsbyggnadsbolaget i Norden AB (ST:SBBb): -5.05% or 0.22 points to 4.08

Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 561 to 209, with 72 remaining unchanged.

Commodities Trading

• Crude Oil (January delivery): -1.73% or 1.22 to $69.36 a barrel.
• Brent Oil (February delivery): -0.84% or 0.62 to $72.77 a barrel.
• February Gold Futures: -1.71% or 45.49 to trade at $2,607.81 a troy ounce.

Currency Exchange Rates

• EUR/SEK: -0.75% to 11.43
• USD/SEK: -0.90% to 11.03

The US Dollar Index Futures was up 0.31% at 108.08.