1 month ago
Stock Market

Sweden stocks higher at close of trade; OMX Stockholm 30 up 1.37%

Investing.com – Sweden stocks were higher after the close on Friday, as gains in the Industrials, Basic Materials and Financials

Investing.com – Sweden stocks were higher after the close on Friday, as gains in the Industrials, Basic Materials and Financials sectors led shares higher.

At the close in Stockholm, the OMX Stockholm 30 added 1.37% to hit a new 3-months high.

The best performers of the session on the OMX Stockholm 30 were Atlas Copco AB Class A (ST:ATCOa), which rose 3.05% or 7.5 points to trade at 251.6 at the close. Meanwhile, Skandinaviska Enskilda Banken AB A (ST:SEBa) added 2.96% or 2.82 points to end at 98.16 and Sandvik AB (ST:SAND) was up 2.82% or 4.15 points to 151.15 in late trade.

The worst performers of the session were H&M Hennes&Mauritz AB B (ST:HMb), which fell 1.47% or 2.0 points to trade at 136.4 at the close. Tele2 AB (ST:TEL2b) declined 1.33% or 1.60 points to end at 118.45 and Skanska AB ser. B (ST:SKAb) was down 0.18% or 0.30 points to 162.60.

Rising stocks outnumbered declining ones on the Stockholm Stock Exchange by 410 to 232 and 51 ended unchanged.

Crude oil for March delivery was up 2.17% or 1.18 to $55.59 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April rose 2.25% or 1.45 to hit $66.02 a barrel, while the April Gold Futures contract rose 0.43% or 5.65 to trade at $1319.55 a troy ounce.

EUR/SEK was down 0.25% to 10.4656, while USD/SEK fell 0.04% to 9.2862.

The US Dollar Index Futures was up 0.11% at 96.912.