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Sweden stocks lower at close of trade; OMX Stockholm 30 down 0.72%

Published 04/21/2016, 12:05 PM
Updated 04/21/2016, 12:05 PM
© Reuters.  Sweden stocks lower at close of trade; OMX Stockholm 30 down 0.72%

Investing.com – Sweden stocks were lower after the close on Thursday, as losses in the Technology, Consumer Services and Basic Materials sectors led shares lower.

At the close in Stockholm, the OMX Stockholm 30 fell 0.72%.

The best performers of the session on the OMX Stockholm 30 were Lundin Petroleum AB (ST:LUPE), which rose 2.92% or 4.10 points to trade at 144.70 at the close. Meanwhile, Svenska Handelsbanken ser. A (ST:SHBa) added 2.91% or 3.1 points to end at 109.7 and Atlas Copco AB ser. A (ST:ATCOa) was up 1.81% or 4.0 points to 224.4 in late trade.

The worst performers of the session were Telefonaktiebolaget L M Ericsson B (ST:ERICb), which fell 14.58% or 11.50 points to trade at 67.35 at the close. Swedish Match AB (ST:SWMA) declined 2.44% or 6.9 points to end at 275.7 and SSAB AB ser. A (ST:SSABa) was down 2.12% or 0.68 points to 31.34.

Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 313 to 237 and 65 ended unchanged.

Shares in Lundin Petroleum AB (ST:LUPE) rose to 52-week highs; up 2.92% or 4.10 to 144.70. Shares in Telefonaktiebolaget L M Ericsson B (ST:ERICb) fell to 3-years lows; down 14.58% or 11.50 to 67.35.

Crude oil for June delivery was down 0.68% or 0.30 to $43.88 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 0.94% or 0.43 to hit $45.37 a barrel, while the June Gold contract fell 0.07% or 0.90 to trade at $1253.50 a troy ounce.

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EUR/SEK was down 0.06% to 9.1769, while USD/SEK fell 0.17% to 8.1152.

The US Dollar Index was down 0.10% at 94.45.

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