Investing.com – Sweden equities were lower at the close on Friday, as losses in the Telecoms, Basic Materials and Technology sectors propelled shares lower.
At the close in Stockholm, the OMX Stockholm 30 lost 0.19%.
The biggest gainers of the session on the OMX Stockholm 30 were Nokia Oyj (ST:NOKIA), which rose 1.02% or 0.49 points to trade at 48.35 at the close. SKF, AB ser. B (ST:SKFb) added 0.92% or 1.3 points to end at 142.0 and ABB Ltd (ST:ABB) was up 0.59% or 1.1 points to 187.0 in late trade.
Biggest losers included Electrolux, AB ser. B (ST:ELUXb), which lost 1.37% or 3.2 points to trade at 229.6 in late trade. AstraZeneca PLC (ST:AZN) declined 0.79% or 4.5 points to end at 565.5 and Telefonaktiebolaget L M Ericsson B (ST:ERICb) shed 0.70% or 0.43 points to 61.42.
Declining stocks outnumbered rising ones by 301 to 285 and 62 ended unchanged on the Stockholm Stock Exchange.
In commodities trading, Crude oil for September delivery was up 1.93% or 0.84 to $44.33 a barrel. Meanwhile, Brent oil for delivery in October rose 1.50% or 0.69 to hit $46.73 a barrel, while the December Gold contract rose 0.39% or 5.25 to trade at $1355.25 a troy ounce.
EUR/SEK was up 0.04% to 9.4355, while USD/SEK fell 0.20% to 8.4479.
The US Dollar Index was down 0.30% at 95.61.