Sweden shares lower at close of trade; OMX Stockholm 30 down 0.40%

Investing.com – Sweden equities were lower at the close on Tuesday, as losses in the Oil&Gas, Financials and Basic Materials sectors propelled shares lower.

At the close in Stockholm, the OMX Stockholm 30 lost 0.40%.

The biggest gainers of the session on the OMX Stockholm 30 were SAAB AB ser. B (ST:SAABb), which rose 1.11% or 2.60 points to trade at 237.70 at the close. Essity AB B (ST:ESSITYb) added 0.59% or 1.80 points to end at 305.40 and Tele2 AB (ST:TEL2b) was up 0.44% or 0.50 points to 114.40 in late trade.

Biggest losers included Samhallsbyggnadsbolaget i Norden AB (ST:SBBb), which lost 3.60% or 0.23 points to trade at 6.21 in late trade. NIBE Industrier AB ser. B (ST:NIBEb) declined 2.69% or 1.40 points to end at 50.70 and Electrolux AB Class B (ST:ELUXb) shed 2.37% or 2.40 points to 97.20.

Declining stocks outnumbered rising ones by 468 to 277 and 93 ended unchanged on the Stockholm Stock Exchange.

In commodities trading, Crude oil for October delivery was down 2.04% or 1.58 to $75.84 a barrel. Meanwhile, Brent oil for delivery in November fell 1.77% or 1.42 to hit $78.94 a barrel, while the December Gold Futures contract fell 0.37% or 9.35 to trade at $2,545.85 a troy ounce.

EUR/SEK was down 0.32% to 11.36, while USD/SEK fell 0.32% to 10.18.

The US Dollar Index Futures was down 0.09% at 100.65.