Sweden stocks lower at close of trade; OMX Stockholm 30 down 0.23%

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

At the close in Stockholm, the OMX Stockholm 30 lost 0.23%.

The best performers of the session on the OMX Stockholm 30 were Telia Company AB (ST:TELIA), which rose 1.63% or 0.52 points to trade at 32.36 at the close. Meanwhile, Tele2 AB (ST:TEL2b) added 0.82% or 0.95 points to end at 117.45 and Swedbank AB ser A (ST:SWEDa) was up 0.64% or 1.40 points to 220.80 in late trade.

The worst performers of the session were SAAB AB ser. B (ST:SAABb), which fell 5.47% or 13.30 points to trade at 229.10 at the close. Samhallsbyggnadsbolaget i Norden AB (ST:SBBb) declined 4.26% or 0.30 points to end at 6.63 and Electrolux AB Class B (ST:ELUXb) was down 2.29% or 2.30 points to 96.40.

Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 503 to 251 and 89 ended unchanged.

Shares in Telia Company AB (ST:TELIA) rose to 52-week highs; up 1.63% or 0.52 to 32.36. Shares in Tele2 AB (ST:TEL2b) rose to 52-week highs; rising 0.82% or 0.95 to 117.45.

Crude oil for October delivery was up 0.95% or 0.70 to $74.25 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 0.75% or 0.58 to hit $77.51 a barrel, while the December Gold Futures contract rose 0.23% or 5.85 to trade at $2,533.45 a troy ounce.

EUR/SEK was up 0.24% to 11.35, while USD/SEK fell 0.09% to 10.25.

The US Dollar Index Futures was unchanged 0.00% at 101.62.