Sweden stocks lower at close of trade; OMX Stockholm 30 down 2.41%

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

At the close in Stockholm, the OMX Stockholm 30 lost 2.41% to hit a new 1-month low.

The best performers of the session on the OMX Stockholm 30 were Sinch AB (ST:SINCH), which rose 2.11% or 0.46 points to trade at 22.27 at the close. Meanwhile, SAAB AB ser. B (ST:SAABb) added 0.89% or 2.20 points to end at 244.00 and Essity AB B (ST:ESSITYb) was up 0.20% or 0.60 points to 298.40 in late trade.

The worst performers of the session were Kinnevik, Investment AB ser. B (ST:KINVb), which fell 5.89% or 4.60 points to trade at 73.40 at the close. Electrolux AB Class B (ST:ELUXb) declined 5.15% or 4.80 points to end at 88.40 and Boliden AB (ST:BOL) was down 4.59% or 15.10 points to 313.70.

Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 572 to 212 and 71 ended unchanged.

Crude oil for December delivery was up 0.35% or 0.24 to $68.28 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 0.35% or 0.25 to hit $72.08 a barrel, while the December Gold Futures contract fell 0.71% or 18.50 to trade at $2,599.20 a troy ounce.

EUR/SEK was up 0.42% to 11.59, while USD/SEK rose 0.95% to 10.94.

The US Dollar Index Futures was up 0.58% at 106.07.