Sweden stocks higher at close of trade; OMX Stockholm 30 up 0.55%

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

At the close in Stockholm, the OMX Stockholm 30 added 0.55%.

The best performers of the session on the OMX Stockholm 30 were Svenska Cellulosa SCA AB B (ST:SCAb ), which rose 8.87% or 12.20 points to trade at 149.20 at the close. Meanwhile, Hexagon AB ser. B (ST:HEXAb ) added 3.79% or 3.90 points to end at 105.40 and Volvo, AB ser. B (ST:VOLVb ) was up 2.93% or 7.90 points to 277.20 in late trade.

The worst performers of the session were Electrolux AB Class B (ST:ELUXb ), which fell 14.61% or 15.20 points to trade at 88.70 at the close. Evolution AB (ST:EVOG ) declined 4.66% or 51.00 points to end at 1,044.50 and SAAB AB ser. B (ST:SAABb ) was down 2.66% or 6.30 points to 230.70.

Rising stocks outnumbered declining ones on the Stockholm Stock Exchange by 421 to 344 and 71 ended unchanged.

Crude oil for December delivery was up 1.82% or 1.28 to $71.47 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 1.79% or 1.33 to hit $75.71 a barrel, while the December Gold Futures contract rose 0.02% or 0.45 to trade at $2,749.35 a troy ounce.

EUR/SEK was up 0.30% to 11.46, while USD/SEK rose 0.45% to 10.60.

The US Dollar Index Futures was up 0.13% at 104.05.

Source: Investing.com

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