Investing.com – Sweden stocks were lower after the close on Wednesday, as losses in the Technology, Consumer Services and Basic Materials sectors led shares lower.
At the close in Stockholm, the OMX Stockholm 30 fell 0.93%.
The best performers of the session on the OMX Stockholm 30 were Lundin Petroleum AB (ST:LUPE), which rose 1.40% or 2.10 points to trade at 151.70 at the close. Meanwhile, Alfa Laval AB (ST:ALFA) added 0.71% or 0.9 points to end at 127.0 and SKF, AB ser. B (ST:SKFb) was up 0.41% or 0.6 points to 147.4 in late trade.
The worst performers of the session were SSAB AB ser. A (ST:SSABa), which fell 5.12% or 1.11 points to trade at 20.57 at the close. Telefonaktiebolaget L M Ericsson B (ST:ERICb) declined 2.72% or 1.75 points to end at 62.55 and Kinnevik, Investment AB ser. B (ST:KINVBs) was down 2.25% or 4.6 points to 199.4.
Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 374 to 181 and 60 ended unchanged.
Crude oil for July delivery was down 0.43% or 0.21 to $48.89 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 0.28% or 0.14 to hit $49.75 a barrel, while the August Gold contract fell 0.66% or 8.00 to trade at $1209.50 a troy ounce.
EUR/SEK was down 0.06% to 9.2711, while USD/SEK fell 0.26% to 8.3108.
The US Dollar Index was down 0.22% at 95.62.