Sweden stocks lower at close of trade; OMX Stockholm 30 down 0.25%
Sweden's stock market experienced a decline at the close of trade on Monday, with the OMX Stockholm 30 index falling by 0.25%. Declining sectors such as Telecoms, Financials, and Industrials contributed to the overall downward trend. Despite this, Evolution AB, AB SKF B, and Boliden AB showed positive results, with gains of 4.65%, 1.18%, and 0.84% respectively.
Conversely, Essity AB, EQT AB, and Addtech experienced losses of 3.52%, 2.01%, and 1.69% respectively. The number of stocks that fell on the Stockholm Stock Exchange significantly outnumbered those that rose, totaling 480 to 252. Additionally, 70 stocks ended unchanged. Crude oil prices for October delivery saw a 0.81% increase to $82.13 a barrel.
Brent oil for the same delivery date rose by 0.70% to $89.14 a barrel, while the December Gold Futures contract increased by 1.07% to $4,484.67 per troy ounce. The EUR/SEK exchange rate remained unchanged at 11.00, while the USD/SEK rate fell by 0.26% to 9.49. The US Dollar Index Futures experienced a slight decline of 0.17% to 99.39.
Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.