Stock trading in Stockholm closed lower on Thursday, with the OMX Stockholm 30 index down 0.15% at the session's end. Losses were concentrated in the Oil & Gas, Basic Materials and Consumer Goods sectors, which collectively pressured the benchmark.
Among individual movers on the OMX Stockholm 30, Hexagon AB series B (HEXAb) led gains, rising 1.45% - up 1.45 points to finish at 101.75. NIBE Industrier AB series B (NIBEb) added 1.36% or 0.60 points to close at 43.10, and Atlas Copco AB Class A (ATCOa) climbed 0.92% - 1.90 points - to end the day at 208.50.
On the downside, Boliden AB (BOL) was the weakest large-cap, falling 2.85% or 16.60 points to close at 566.80. H & M Hennes & Mauritz AB B (HMb) dropped 2.37% - down 4.30 points - to finish at 174.80, and Addtech (ADDTb) declined 1.40% or 4.80 points to end at 337.80.
Market breadth in Stockholm showed more advancing stocks than decliners: 394 issues rose versus 319 that fell, while 85 were unchanged.
Commodities were mixed at the close. Crude oil for October delivery traded higher by 0.49% - up 0.40 - settling at $82.63 per barrel. Brent oil for November delivery increased 0.68% or 0.59 to $87.53 a barrel. The December Gold Futures contract rose 0.24% or 10.96 to trade at $4,664.26 a troy ounce.
In currency markets, EUR/SEK declined 0.13% to 11.09 and USD/SEK fell 0.16% to 9.51. The US Dollar Index Futures was down 0.05% at 99.04 at the close.
Session details
- OMX Stockholm 30 -0.15% at close
- Top gainers: HEXAb +1.45%, NIBEb +1.36%, ATCOa +0.92%
- Top laggards: BOL -2.85%, HMb -2.37%, ADDTb -1.40%
- Advance/decline: 394/319, unchanged: 85
The session data underline selective strength in industrial and engineering names while commodity-linked segments exerted downward pressure on the index. Commodity price moves and currency shifts accompanied the equity action, with oil and gold posting gains and the krona strengthening modestly against both the euro and the dollar.