3 months ago
Stock Market

Sweden stocks higher at close of trade; OMX Stockholm 30 up 1.21%

Investing.com – Sweden stocks were higher after the close on Friday, as gains in the Oil&Gas, Technology and Telecoms sectors

Investing.com – Sweden stocks were higher after the close on Friday, as gains in the Oil&Gas, Technology and Telecoms sectors led shares higher.

At the close in Stockholm, the OMX Stockholm 30 rose 1.21%.

The best performers of the session on the OMX Stockholm 30 were Telefonaktiebolaget LM Ericsson Class B (ST:ERICb), which rose 3.76% or 2.88 points to trade at 79.48 at the close. Meanwhile, Swedbank AB ser A (ST:SWEDa) added 2.64% or 5.3 points to end at 206.3 and Tele2 AB (ST:TEL2b) was up 2.49% or 2.70 points to 111.00 in late trade.

The worst performers of the session were Autoliv Inc . SDB (ST:ALIVsdb), which fell 0.66% or 4.8 points to trade at 722.6 at the close. AB SKF B (ST:SKFb) declined 0.35% or 0.5 points to end at 129.8 and Svenska Cellulosa SCA AB B (ST:SCAb) was down 0.37% or 0.3 points to 69.3.

Rising stocks outnumbered declining ones on the Stockholm Stock Exchange by 421 to 203 and 57 ended unchanged.

Shares in AB SKF B (ST:SKFb) fell to 52-week lows; losing 0.35% or 0.5 to 129.8. Shares in Svenska Cellulosa SCA AB B (ST:SCAb) fell to 52-week lows; losing 0.37% or 0.3 to 69.3.

Crude oil for January delivery was up 4.23% or 2.18 to $53.67 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 4.45% or 2.67 to hit $62.73 a barrel, while the February Gold Futures contract rose 0.59% or 7.30 to trade at $1250.90 a troy ounce.

EUR/SEK was up 0.65% to 10.2889, while USD/SEK rose 0.50% to 9.0337.

The US Dollar Index Futures was down 0.10% at 96.665.