Investing.com – Sweden equities were lower at the close on Friday, as losses in the Oil & Gas, Telecoms and Consumer Services sectors propelled shares lower.
At the close in Stockholm, the OMX Stockholm 30 declined 0.54%.
The biggest gainers of the session on the OMX Stockholm 30 were Electrolux, AB ser. B (ST:ELUXb), which rose 0.77% or 1.8 points to trade at 236.6 at the close. Volvo, AB ser. B (ST:VOLVb) added 0.38% or 0.40 points to end at 104.60 and Skanska AB ser. B (ST:SKAb) was up 0.29% or 0.50 points to 170.90 in late trade.
Biggest losers included Lundin Petroleum AB (ST:LUPE), which lost 2.89% or 4.10 points to trade at 137.60 in late trade. SSAB AB ser. A (ST:SSABa) declined 1.50% or 0.66 points to end at 43.30 and Svenska Handelsbanken ser. A (ST:SHBa) shed 1.40% or 1.7 points to 119.8.
Declining stocks outnumbered rising ones by 249 to 160 and 10 ended unchanged on the Stockholm Stock Exchange.
In commodities trading, Crude oil for August delivery was down 2.32% or 1.32 to $55.61 a barrel. Meanwhile, Brent oil for delivery in August fell 2.63% or 1.64 to hit $60.44 a barrel, while the August Gold contract rose 0.34% or 4.00 to trade at $1167.50 a troy ounce.
EUR/SEK was up 0.10% to 9.3848, while USD/SEK fell 0.01% to 8.4580.
The US Dollar Index was down 0.06% at 96.22.