Swedish equities drifted lower at the close of trade on Monday, with the OMX Stockholm 30 index down 0.05% to 1,542.10 in Stockholm.
Declining issues outnumbered advancers by 415 to 311, with 67 stocks unchanged, as losses in Healthcare, Financials and Oil & Gas sectors weighed on the broader market. The index’s modest retreat followed a session marked by mixed performance across large-cap constituents.
Among the top gainers, Essity AB B led with a 2.82% rise to 281.20, followed by AB SKF B at 268.20 (+2.17%) and Sandvik AB at 387.10 (+1.65%). On the downside, ABB Ltd fell 2.28% to 924.60, SAAB AB ser. B declined 1.98% to 642.20 and Svenska Handelsbanken AB A shed 1.63% to 144.55.
Commodities traded lower, with October crude oil futures down 2.56% at $84.83 per barrel and Brent crude for November delivery falling 2.16% to $90.67. Gold futures for December delivery, however, edged up 0.51% to $4,704.30 per troy ounce.
Currency movements saw the EUR/SEK pair rise 0.20% to 11.08 and the USD/SEK pair gain 0.40% to 9.50. The U.S. Dollar Index futures were up 0.21% at 98.93.
