Sweden shares lower at close of trade; OMX Stockholm 30 down 0.82%

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

At the close in Stockholm, the OMX Stockholm 30 fell 0.82%.

The biggest gainers of the session on the OMX Stockholm 30 were Hexagon AB ser. B (ST:HEXAb), which rose 1.74% or 1.80 points to trade at 102.20 at the close. ABB Ltd (ST:ABB) added 1.41% or 8.60 points to end at 620.40 and Skandinaviska Enskilda Banken AB A (ST:SEBa) was up 0.65% or 1.00 points to 155.85 in late trade.

Biggest losers included Sinch AB (ST:SINCH), which lost 26.98% or 8.81 points to trade at 23.84 in late trade. NIBE Industrier AB ser. B (ST:NIBEb) declined 7.23% or 4.00 points to end at 50.80 and Essity AB B (ST:ESSITYb) shed 3.69% or 11.20 points to 292.50.

Declining stocks outnumbered rising ones by 513 to 247 and 78 ended unchanged on the Stockholm Stock Exchange.

In commodities trading, Crude oil for December delivery was up 0.14% or 0.10 to $72.09 a barrel. Meanwhile, Brent oil for delivery in January fell 0.15% or 0.11 to hit $75.42 a barrel, while the December Gold Futures contract fell 2.63% or 72.30 to trade at $2,677.40 a troy ounce.

EUR/SEK was down 0.35% to 11.65, while USD/SEK rose 1.42% to 10.84.

The US Dollar Index Futures was up 1.59% at 104.97.