Stock trading in Sweden ended the Thursday session with declines, driven by weakness in Basic Materials, Industrials and Healthcare. At the close in Stockholm the OMX Stockholm 30 retreated 1.31%, settling at a new one-month low.
Market internals showed more stocks falling than advancing. On the Stockholm exchange, decliners outnumbered advancers 389 to 319, and 87 issues finished unchanged.
Top performers on the OMX Stockholm 30
- Evolution AB (ST:EVOG) led the gainers, up 1.34% or 7.40 points to close at 560.40.
- Telia Company AB (ST:TELIA) added 0.72% or 0.33 points to finish at 46.27.
- EQT AB (ST:EQTAB) rose 0.70% or 2.00 points to end the session at 287.50.
Heaviest declines
- SAAB AB ser. B (ST:SAABb) was the weakest name on the index, falling 5.10% or 33.80 points to close at 629.00.
- Boliden AB (ST:BOL) declined 2.82% or 18.80 points to 648.20 at the close.
- Epiroc AB Class A (ST:EPIRa) slipped 2.39% or 6.10 points to finish at 248.60.
Commodities moved notably during the session. Crude oil for April delivery rose 6.00% or 4.48 to $79.14 a barrel. Brent oil for May delivery increased 3.59% or 2.92 to $84.32 a barrel. In precious metals, the April Gold Futures contract fell 0.99% or 50.74 to trade at 5,083.96 a troy ounce.
Currency markets showed gains for the euro and the US dollar versus the Swedish krona. EUR/SEK climbed 0.36% to 10.70, while USD/SEK increased 0.79% to 9.24. The US Dollar Index Futures rose 0.48% to 99.21.
The session left the main Swedish benchmark at a one-month low as sector losses outpaced select rallies among individual stocks. Trading was marked by a larger number of falling stocks than advancers and notable moves in energy and currency markets that accompanied equity flows.