Sweden stocks lower at close of trade; OMX Stockholm 30 down 1.01%

Sweden stocks were lower after the close on Friday, as losses in the Financials, Basic Materials and Industrials sectors led shares lower.

At the close in Stockholm, the OMX Stockholm 30 fell 1.01%.

The best performers of the session on the OMX Stockholm 30 were Skanska AB (ST:SKAb), which rose 2.12% or 6.00 points to trade at 288.50 at the close. Meanwhile, Epiroc AB Class A (ST:EPIRa) added 0.54% or 1.30 points to end at 243.40 and ABB Ltd (ST:ABB) was down 0.32% or 2.60 points to 808.20 in late trade.

The worst performers of the session were Nibe Industrier AB (ST:NIBEb), which fell 2.37% or 1.10 points to trade at 44.90 at the close. H & M Hennes & Mauritz AB (ST:HMb) declined 1.87% or 3.40 points to end at 178.80 and Addtech (ST:ADDTb) was down 1.87% or 6.00 points to 314.20.

Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 443 to 273 and 72 ended unchanged.

Shares in Skanska AB (ST:SKAb) rose to all time highs; up 2.12% or 6.00 to 288.50.

Crude oil for December delivery was down 0.33% or 0.30 to $90.22 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 0.80% or 0.79 to hit $97.50 a barrel, while the December Gold Futures contract fell 0.92% or 37.73 to trade at $4,075.77 a troy ounce.

EUR/SEK was up 0.20% to 11.02, while USD/SEK rose 0.78% to 9.88.

The US Dollar Index Futures was up 0.60% at 102.03.