Sweden stocks lower at close of trade; OMX Stockholm 30 down 1.01%

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

At the close in Stockholm, the OMX Stockholm 30 lost 1.01%.

The best performers of the session on the OMX Stockholm 30 were AstraZeneca PLC (ST:AZN), which rose 1.86% or 25.50 points to trade at 1,397.50 at the close. Meanwhile, Getinge AB ser. B (ST:GETIb) added 1.81% or 3.50 points to end at 194.30 and Tele2 AB (ST:TEL2b) was up 0.91% or 1.00 points to 111.25 in late trade.

The worst performers of the session were Boliden AB (ST:BOL), which fell 3.87% or 13.40 points to trade at 332.80 at the close. Hexagon AB ser. B (ST:HEXAb) declined 3.14% or 3.30 points to end at 101.70 and Sinch AB (ST:SINCH) was down 3.11% or 0.68 points to 21.18.

Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 423 to 335 and 88 ended unchanged.

Shares in Sinch AB (ST:SINCH) fell to 52-week lows; losing 3.11% or 0.68 to 21.18.

Crude oil for December delivery was down 2.89% or 2.09 to $70.27 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 2.51% or 1.90 to hit $73.73 a barrel, while the December Gold Futures contract fell 0.44% or 12.00 to trade at $2,693.80 a troy ounce.

EUR/SEK was up 0.77% to 11.62, while USD/SEK rose 1.80% to 10.86.

The US Dollar Index Futures was up 0.65% at 105.05.