Sweden shares lower at close of trade; OMX Stockholm 30 down 1.40%

Investing.comOct 31, 2024 5:30 PM

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

At the close in Stockholm, the OMX Stockholm 30 lost 1.40% to hit a new 1-month low.

The biggest gainers of the session on the OMX Stockholm 30 were Sinch AB (ST:SINCH), which rose 0.73% or 0.23 points to trade at 31.68 at the close. Evolution AB (ST:EVOG) fell 0.10% or 1.00 points to end at 1,005.00 and Tele2 AB (ST:TEL2b) was down 0.27% or 0.30 points to 111.65 in late trade.

Biggest losers included SAAB AB ser. B (ST:SAABb), which lost 5.70% or 13.30 points to trade at 219.10 in late trade. H&M Hennes&Mauritz AB B (ST:HMb) declined 4.47% or 7.40 points to end at 158.30 and Hexagon AB ser. B (ST:HEXAb) shed 3.88% or 4.00 points to 99.60.

Declining stocks outnumbered rising ones by 505 to 254 and 88 ended unchanged on the Stockholm Stock Exchange.

In commodities trading, Crude oil for December delivery was up 0.76% or 0.52 to $69.13 a barrel. Meanwhile, Brent oil for delivery in January rose 0.67% or 0.48 to hit $72.64 a barrel, while the December Gold Futures contract fell 1.74% or 48.60 to trade at $2,752.20 a troy ounce.

EUR/SEK was up 0.15% to 11.60, while USD/SEK rose 0.11% to 10.68.

The US Dollar Index Futures was up 0.13% at 104.00.

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