Sweden shares lower at close of trade; OMX Stockholm 30 down 0.49%

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

At the close in Stockholm, the OMX Stockholm 30 fell 0.49%.

The biggest gainers of the session on the OMX Stockholm 30 were Essity AB B (ST:ESSITYb), which rose 1.47% or 4.60 points to trade at 316.90 at the close. H&M Hennes&Mauritz AB B (ST:HMb) added 0.82% or 1.40 points to end at 172.80 and Telia Company AB (ST:TELIA) was up 0.67% or 0.22 points to 32.84 in late trade.

Biggest losers included Sinch AB (ST:SINCH), which lost 4.35% or 1.39 points to trade at 30.54 in late trade. Evolution AB (ST:EVOG) declined 2.01% or 20.50 points to end at 998.00 and Electrolux AB Class B (ST:ELUXb) shed 1.71% or 1.70 points to 98.50.

Declining stocks outnumbered rising ones by 422 to 350 and 81 ended unchanged on the Stockholm Stock Exchange.

In commodities trading, Crude oil for November delivery was up 1.19% or 0.81 to $68.99 a barrel. Meanwhile, Brent oil for delivery in December rose 1.17% or 0.84 to hit $72.38 a barrel, while the December Gold Futures contract fell 0.42% or 11.20 to trade at $2,656.90 a troy ounce.

EUR/SEK was up 0.36% to 11.30, while USD/SEK rose 0.53% to 10.14.

The US Dollar Index Futures was up 0.25% at 100.36.