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Sweden stocks lower at close of trade; OMX Stockholm 30 down 0.88%

Published 08/10/2018, 12:05 PM
Updated 08/10/2018, 12:05 PM
Sweden stocks lower at close of trade; OMX Stockholm 30 down 0.88%

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

At the close in Stockholm, the OMX Stockholm 30 fell 0.88%.

The best performers of the session on the OMX Stockholm 30 were AstraZeneca PLC (ST:AZN), which rose 1.49% or 10.6 points to trade at 721.8 at the close. Meanwhile, Swedish Match AB (ST:SWMA) added 0.16% or 0.8 points to end at 512.8 and ASSA ABLOY AB ser. B (ST:ASSAb) was up 0.00% or 0.1 points to 178.1 in late trade.

The worst performers of the session were H & M Hennes & Mauritz AB B (ST:HMb), which fell 2.37% or 3.2 points to trade at 130.4 at the close. Electrolux, AB ser. B (ST:ELUXb) declined 1.83% or 3.8 points to end at 204.1 and AB SKF B (ST:SKFb) was down 1.74% or 3.1 points to 178.2.

Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 392 to 234 and 56 ended unchanged.

Shares in AstraZeneca PLC (ST:AZN) rose to all time highs; rising 1.49% or 10.6 to 721.8. Shares in Swedish Match AB (ST:SWMA) rose to all time highs; up 0.16% or 0.8 to 512.8.

Crude oil for September delivery was up 1.29% or 0.86 to $67.67 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 1.21% or 0.87 to hit $72.94 a barrel, while the December Gold Futures contract fell 0.06% or 0.70 to trade at $1219.20 a troy ounce.

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EUR/SEK was up 0.36% to 10.4204, while USD/SEK rose 1.46% to 9.1383.

The US Dollar Index Futures was up 0.78% at 96.20.

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