Investing.com – Sweden stocks were lower after the close on Wednesday, as losses in the Oil & Gas, Basic Materials and Financials sectors led shares lower.
At the close in Stockholm, the OMX Stockholm 30 lost 0.50%.
The best performers of the session on the OMX Stockholm 30 were Telefonaktiebolaget LM Ericsson B (ST:ERICb), which rose 3.47% or 1.93 points to trade at 57.48 at the close. Meanwhile, Electrolux, AB ser. B (ST:ELUXb) added 0.92% or 2.2 points to end at 241.9 and Svenska Cellulosa SCA AB B (ST:SCAb) was up 0.69% or 1.9 points to 275.5 in late trade.
The worst performers of the session were Lundin Petroleum AB (ST:LUPE), which fell 2.00% or 3.90 points to trade at 191.10 at the close. Nordea Bank AB (ST:NDA) declined 1.74% or 1.90 points to end at 107.20 and Svenska Handelsbanken AB A (ST:SHBa) was down 1.45% or 1.9 points to 129.2.
Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 392 to 281 and 84 ended unchanged.
Shares in Electrolux, AB ser. B (ST:ELUXb) rose to 52-week highs; up 0.92% or 2.2 to 241.9. Shares in Svenska Cellulosa SCA AB B (ST:SCAb) rose to all time highs; rising 0.69% or 1.9 to 275.5.
Crude oil for April delivery was down 1.58% or 0.86 to $53.47 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April fell 1.66% or 0.94 to hit $55.72 a barrel, while the April Gold Futures contract fell 0.43% or 5.35 to trade at $1233.55 a troy ounce.
EUR/SEK was up 0.26% to 9.4827, while USD/SEK rose 0.13% to 8.9876.
The US Dollar Index Futures was down 0.04% at 101.41.