Investing.com – Sweden equities were lower at the close on Monday, as losses in the Industrials, Oil & Gas and Financials sectors propelled shares lower.
At the close in Stockholm, the OMX Stockholm 30 fell 8.42% to hit a new 52-week low.
The biggest gainers of the session on the OMX Stockholm 30 were AstraZeneca PLC (ST:AZN), which fell 1.24% or 5.9 points to trade at 471.3 at the close. Swedish Match AB (ST:SWMA) fell 2.73% or 7.6 points to end at 271.1 and Svenska Cellulosa AB SCA ser. B (ST:SCAb) was down 4.93% or 13.0 points to 250.9 in late trade.
Biggest losers included Volvo, AB ser. B (ST:VOLVb), which lost 14.88% or 13.82 points to trade at 79.08 in late trade. SKF, AB ser. B (ST:SKFb) declined 11.93% or 17.8 points to end at 131.4 and Fingerprint Cards AB ser. B (ST:FINGb) shed 11.31% or 9.50 points to 74.50.
Declining stocks outnumbered rising ones by 586 to 39 and 12 ended unchanged on the Stockholm Stock Exchange.
In commodities trading, Crude oil for August delivery was down 2.77% or 1.32 to $46.32 a barrel. Meanwhile, Brent oil for delivery in September fell 2.71% or 1.33 to hit $47.71 a barrel, while the August Gold contract rose 0.05% or 0.60 to trade at $1323.00 a troy ounce.
EUR/SEK was up 0.29% to 9.4358, while USD/SEK rose 1.14% to 8.5592.
The US Dollar Index was up 0.94% at 96.53.