Investing.com – Sweden equities were lower at the close on Wednesday, as losses in the Oil & Gas, Industrials and Consumer Services sectors propelled shares lower.
At the close in Stockholm, the OMX Stockholm 30 lost 1.01% to hit a new 1-month low.
The biggest gainers of the session on the OMX Stockholm 30 were Telefonaktiebolaget L M Ericsson B (ST:ERICb), which rose 1.86% or 0.81 points to trade at 44.31 at the close. Securitas AB ser. B (ST:SECUb) added 1.16% or 1.60 points to end at 139.60 and AstraZeneca PLC (ST:AZN) was up 0.30% or 1.5 points to 503.0 in late trade.
Biggest losers included SKF, AB ser. B (ST:SKFb), which lost 2.17% or 3.3 points to trade at 148.5 in late trade. Volvo, AB ser. B (ST:VOLVb) declined 2.06% or 1.97 points to end at 93.53 and Sandvik AB (ST:SAND) shed 1.87% or 1.90 points to 99.70.
Declining stocks outnumbered rising ones by 448 to 161 and 54 ended unchanged on the Stockholm Stock Exchange.
In commodities trading, Crude oil for December delivery was down 3.11% or 1.45 to $45.22 a barrel. Meanwhile, Brent oil for delivery in January fell 3.10% or 1.49 to hit $46.65 a barrel, while the December Gold contract rose 1.39% or 17.95 to trade at $1305.95 a troy ounce.
EUR/SEK was down 0.17% to 9.8908, while USD/SEK fell 0.72% to 8.8994.
The US Dollar Index was down 0.53% at 97.24.