Stock Markets May 7, 2026 12:00 PM

Swedish equities slip as OMX Stockholm 30 drops 1.52% at close

Losses in oil and industrial names weigh on the market; mixed moves in commodities and FX

By Maya Rios

Sweden's stock market ended lower after the close on Thursday, with the OMX Stockholm 30 down 1.52% as Oil & Gas, Industrials and Telecoms stocks led declines. Boliden, Evolution and Essity ranked among the session's gainers, while Sandvik, SAAB B and NIBE B were the largest decliners. Energy and commodity prices moved lower for oil and higher for gold, while the krona showed modest changes against the euro and dollar.

Swedish equities slip as OMX Stockholm 30 drops 1.52% at close

Key Points

  • OMX Stockholm 30 closed down 1.52% after the session, led lower by losses in Oil & Gas, Industrials and Telecoms.
  • Boliden AB, Evolution AB and Essity AB B were the top gainers on the OMX Stockholm 30; Sandvik AB, SAAB AB ser. B and NIBE Industrier AB ser. B were the largest decliners.
  • Crude oil prices declined while gold futures rose; EUR/SEK ticked higher and USD/SEK moved slightly lower, reflecting mixed commodity and currency influences on the market.

Sweden's equity market finished in negative territory after the close on Thursday, with the benchmark OMX Stockholm 30 index falling 1.52%.

Selling pressure was concentrated in the Oil & Gas, Industrials and Telecoms sectors, driving the overall retreat in Stockholm listings.

Top performers - Within the OMX Stockholm 30, Boliden AB (ST:BOL) registered the strongest gain, rising 1.67% or 8.80 points to close at 534.20. Evolution AB (ST:EVOG) advanced 0.72% or 4.60 points to finish at 640.80. Essity AB B (ST:ESSITYb) also ended higher, adding 0.20% or 0.50 points to reach 250.70.

Biggest losers - Sandvik AB (ST:SAND) led declines, slipping 4.90% or 19.80 points to a close of 384.30. SAAB AB ser. B (ST:SAABb) fell 4.37% or 25.70 points to 562.50. NIBE Industrier AB ser. B (ST:NIBEb) dropped 3.18% or 1.40 points to trade at 43.80 at the close.

On the broader exchange, declining issues outnumbered advancers by 416 to 341, while 56 stocks finished unchanged.

Commodities and FX - In commodities trading, crude oil for June delivery eased 1.77% or 1.68 to $93.40 a barrel. Brent oil for July delivery fell 2.04% or 2.07 to $99.20 a barrel. Precious metals moved the other way as the June Gold Futures contract rose 0.90% or 42.41 to trade at $4,736.71 a troy ounce.

Currency moves were modest: EUR/SEK rose 0.08% to 10.85, while USD/SEK slipped 0.06% to 9.23. The US Dollar Index Futures was down 0.05% at 97.83.


The session showed a clear split between individual winners and losers inside the large-cap index, with commodity-related names and industrial exporters seeing notable downside while a handful of consumer and mining-linked stocks recorded modest gains. Market breadth favored decliners, and movements in oil and gold added further texture to trading flows.

Risks

  • Commodity price volatility - declines in crude oil could pressure Oil & Gas and related industrial names.
  • Sector concentration risk - heavy losses in Industrials and Telecoms may amplify index declines if selling persists.
  • Currency movements - shifts in EUR/SEK and USD/SEK could affect export-oriented companies and those with foreign-currency exposures.

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