Investing.com – Sweden equities were lower at the close on Wednesday, as losses in the Oil & Gas, Basic Materials and Financials sectors propelled shares lower.
At the close in Stockholm, the OMX Stockholm 30 fell 0.50%.
The biggest gainers of the session on the OMX Stockholm 30 were Telefonaktiebolaget LM Ericsson B (ST:ERICb), which rose 3.47% or 1.93 points to trade at 57.48 at the close. Electrolux, AB ser. B (ST:ELUXb) added 0.92% or 2.2 points to end at 241.9 and Svenska Cellulosa SCA AB B (ST:SCAb) was up 0.69% or 1.9 points to 275.5 in late trade.
Biggest losers included Lundin Petroleum AB (ST:LUPE), which lost 2.00% or 3.90 points to trade at 191.10 in late trade. Nordea Bank AB (ST:NDA) declined 1.74% or 1.90 points to end at 107.20 and Svenska Handelsbanken AB A (ST:SHBa) shed 1.45% or 1.9 points to 129.2.
Declining stocks outnumbered rising ones by 392 to 281 and 84 ended unchanged on the Stockholm Stock Exchange.
In commodities trading, Crude oil for April delivery was down 1.56% or 0.85 to $53.48 a barrel. Meanwhile, Brent oil for delivery in April fell 1.66% or 0.94 to hit $55.72 a barrel, while the April Gold Futures contract fell 0.43% or 5.35 to trade at $1233.55 a troy ounce.
EUR/SEK was up 0.26% to 9.4828, while USD/SEK rose 0.13% to 8.9874.
The US Dollar Index Futures was down 0.04% at 101.41.