Sweden shares lower at close of trade; OMX Stockholm 30 down 1.24%

Investing.com – Sweden equities were lower at the close on Wednesday, as losses in the Healthcare, Telecoms and Financials sectors propelled shares lower.

At the close in Stockholm, the OMX Stockholm 30 fell 1.24%.

The biggest gainers of the session on the OMX Stockholm 30 were AB SKF B (ST:SKFb), which rose 1.92% or 3.90 points to trade at 207.20 at the close. Samhallsbyggnadsbolaget i Norden AB (ST:SBBb) added 0.57% or 0.03 points to end at 5.83 and Sinch AB (ST:SINCH) was up 0.38% or 0.12 points to 31.45 in late trade.

Biggest losers included Hexagon AB ser. B (ST:HEXAb), which lost 3.99% or 4.30 points to trade at 103.60 in late trade. Telia Company AB (ST:TELIA) declined 3.98% or 1.29 points to end at 31.15 and AstraZeneca PLC (ST:AZN) shed 3.06% or 49.00 points to 1,551.50.

Declining stocks outnumbered rising ones by 499 to 271 and 82 ended unchanged on the Stockholm Stock Exchange.

In commodities trading, Crude oil for December delivery was up 1.96% or 1.32 to $68.53 a barrel. Meanwhile, Brent oil for delivery in January rose 1.91% or 1.35 to hit $72.08 a barrel, while the December Gold Futures contract rose 0.59% or 16.45 to trade at $2,797.55 a troy ounce.

EUR/SEK was up 0.67% to 11.58, while USD/SEK rose 0.32% to 10.67.

The US Dollar Index Futures was down 0.23% at 103.96.