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Sweden stocks lower at close of trade; OMX Stockholm 30 down 0.41%

Published 2015-08-04, 12:05 p/m
© Reuters.  Sweden stocks lower at close of trade; OMX Stockholm 30 down 0.41%
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Investing.com – Sweden stocks were lower after the close on Tuesday, as losses in the Technology, Financials and Industrials sectors led shares lower.

At the close in Stockholm, the OMX Stockholm 30 fell 0.41%.

The best performers of the session on the OMX Stockholm 30 were Lundin Petroleum AB (ST:LUPE), which rose 1.86% or 2.30 points to trade at 125.80 at the close. Meanwhile, AstraZeneca PLC (ST:AZN) added 1.28% or 7.5 points to end at 592.0 and Svenska Cellulosa AB SCA ser. B (ST:SCAb) was up 1.04% or 2.6 points to 251.7 in late trade.

The worst performers of the session were Telefonaktiebolaget L M Ericsson B (ST:ERICb), which fell 1.31% or 1.20 points to trade at 90.60 at the close. Sandvik AB (ST:SAND) declined 1.26% or 1.10 points to end at 86.20 and Skanska AB ser. B (ST:SKAb) was down 1.15% or 2.10 points to 180.10.

Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 236 to 193 and 2 ended unchanged.

Shares in Svenska Cellulosa AB SCA ser. B (ST:SCAb) rose to all time highs; up 1.04% or 2.6 to 251.7.

Crude oil for September delivery was up 2.01% or 0.91 to $46.08 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 1.00% or 0.49 to hit $50.02 a barrel, while the December Gold contract rose 0.19% or 2.10 to trade at $1091.50 a troy ounce.

EUR/SEK was down 0.05% to 9.4709, while USD/SEK fell 0.12% to 8.6447.

The US Dollar Index was down 0.08% at 97.52.

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