Sweden stocks lower at close of trade; OMX Stockholm 30 down 0.88%

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

At the close in Stockholm, the OMX Stockholm 30 lost 0.88%.

The best performers of the session on the OMX Stockholm 30 were Samhallsbyggnadsbolaget i Norden AB (ST:SBBb), which rose 2.80% or 0.15 points to trade at 5.43 at the close. Meanwhile, Boliden AB (ST:BOL) added 1.21% or 3.70 points to end at 310.00 and SAAB AB ser. B (ST:SAABb) was up 0.64% or 3.00 points to 466.40 in late trade.

The worst performers of the session were Getinge AB ser. B (ST:GETIb), which fell 2.76% or 5.20 points to trade at 183.10 at the close. NIBE Industrier AB ser. B (ST:NIBEb) declined 2.46% or 1.00 points to end at 39.70 and Telefonaktiebolaget LM Ericsson Class B (ST:ERICb) was down 2.26% or 1.92 points to 83.00.

Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 434 to 323 and 70 ended unchanged.

Shares in SAAB AB ser. B (ST:SAABb) rose to all time highs; gaining 0.64% or 3.00 to 466.40.

Crude oil for July delivery was up 0.46% or 0.28 to $61.48 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 0.43% or 0.28 to hit $64.72 a barrel, while the June Gold Futures contract rose 1.92% or 63.10 to trade at $3,358.10 a troy ounce.

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EUR/SEK was down 0.34% to 10.82, while USD/SEK fell 0.91% to 9.54.

The US Dollar Index Futures was down 0.70% at 99.15.

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