Investing.com – Sweden equities were lower at the close on Monday, as losses in the Basic Materials, Oil & Gas and Financials sectors propelled shares lower.
At the close in Stockholm, the OMX Stockholm 30 lost 1.71% to hit a new 3-month low.
The biggest gainers of the session on the OMX Stockholm 30 were Modern Times Group MTG AB ser. B (ST:MTGBs), which rose 2.36% or 5.4 points to trade at 234.1 at the close. AstraZeneca PLC (ST:AZN) fell 0.46% or 2.5 points to end at 546.0 and Svenska Cellulosa AB SCA ser. B (ST:SCAb) was down 0.70% or 1.5 points to 212.2 in late trade.
Biggest losers included SSAB AB ser. A (ST:SSABa), which lost 3.63% or 1.57 points to trade at 41.73 in late trade. Kinnevik, Investment AB ser. B (ST:KINVBs) declined 2.70% or 7.2 points to end at 259.7 and Atlas Copco AB ser. B (ST:ATCOb) shed 2.67% or 5.6 points to 204.1.
Declining stocks outnumbered rising ones by 336 to 97 and 3 ended unchanged on the Stockholm Stock Exchange.
In commodities trading, Crude oil for August delivery was down 2.54% or 1.41 to $54.11 a barrel. Meanwhile, Brent oil for delivery in August fell 3.32% or 2.00 to hit $58.31 a barrel, while the August Gold contract fell 0.05% or 0.60 to trade at $1167.20 a troy ounce.
EUR/SEK was down 0.40% to 9.3583, while USD/SEK fell 0.02% to 8.4490.
The US Dollar Index was down 0.07% at 96.31.