Sweden stocks lower at close of trade; OMX Stockholm 30 down 0.82%

Investing.com – Sweden stocks were lower after the close on Wednesday, as losses in the Telecoms, Industrials and Healthcare sectors led shares lower.

At the close in Stockholm, the OMX Stockholm 30 fell 0.82%.

The best performers of the session on the OMX Stockholm 30 were Hexagon AB ser. B (ST:HEXAb), which rose 1.74% or 1.80 points to trade at 102.20 at the close. Meanwhile, ABB Ltd (ST:ABB) added 1.41% or 8.60 points to end at 620.40 and Skandinaviska Enskilda Banken AB A (ST:SEBa) was up 0.65% or 1.00 points to 155.85 in late trade.

The worst performers of the session were Sinch AB (ST:SINCH), which fell 26.98% or 8.81 points to trade at 23.84 at the close. NIBE Industrier AB ser. B (ST:NIBEb) declined 7.23% or 4.00 points to end at 50.80 and Essity AB B (ST:ESSITYb) was down 3.69% or 11.20 points to 292.50.

Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 513 to 247 and 78 ended unchanged.

Shares in ABB Ltd (ST:ABB) rose to all time highs; gaining 1.41% or 8.60 to 620.40.

Crude oil for December delivery was up 0.14% or 0.10 to $72.09 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 0.15% or 0.11 to hit $75.42 a barrel, while the December Gold Futures contract fell 2.62% or 72.05 to trade at $2,677.65 a troy ounce.

EUR/SEK was down 0.35% to 11.65, while USD/SEK rose 1.42% to 10.84.

The US Dollar Index Futures was up 1.59% at 104.97.