Investing.com – Sweden stocks were lower after the close on Friday, as losses in the Telecoms, Basic Materials and Technology sectors led shares lower.
At the close in Stockholm, the OMX Stockholm 30 fell 0.19%.
The best performers of the session on the OMX Stockholm 30 were Nokia Oyj (ST:NOKIA), which rose 1.02% or 0.49 points to trade at 48.35 at the close. Meanwhile, SKF, AB ser. B (ST:SKFb) added 0.92% or 1.3 points to end at 142.0 and ABB Ltd (ST:ABB) was up 0.59% or 1.1 points to 187.0 in late trade.
The worst performers of the session were Electrolux, AB ser. B (ST:ELUXb), which fell 1.37% or 3.2 points to trade at 229.6 at the close. AstraZeneca PLC (ST:AZN) declined 0.79% or 4.5 points to end at 565.5 and Telefonaktiebolaget L M Ericsson B (ST:ERICb) was down 0.70% or 0.43 points to 61.42.
Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 301 to 285 and 62 ended unchanged.
Shares in ABB Ltd (ST:ABB) rose to 52-week highs; up 0.59% or 1.1 to 187.0.
Crude oil for September delivery was up 1.93% or 0.84 to $44.33 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 1.50% or 0.69 to hit $46.73 a barrel, while the December Gold contract rose 0.34% or 4.65 to trade at $1354.65 a troy ounce.
EUR/SEK was up 0.04% to 9.4356, while USD/SEK fell 0.20% to 8.4486.
The US Dollar Index was down 0.30% at 95.61.