Sweden stocks higher at close of trade; OMX Stockholm 30 up 1.22%

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

At the close in Stockholm, the OMX Stockholm 30 gained 1.22% to hit a new 1-month high.

The best performers of the session on the OMX Stockholm 30 were Electrolux AB Class B (ST:ELUXb ), which rose 3.45% or 3.40 points to trade at 102.40 at the close. Meanwhile, NIBE Industrier AB ser. B (ST:NIBEb ) added 2.99% or 1.20 points to end at 42.30 and Atlas Copco AB Series B (ST:ATCOb ) was up 2.77% or 4.50 points to 167.20 in late trade.

The worst performers of the session were SAAB AB ser. B (ST:SAABb ), which fell 5.30% or 12.50 points to trade at 223.50 at the close. Evolution AB (ST:EVOG ) declined 4.82% or 42.20 points to end at 832.60 and Alfa Laval AB (ST:ALFA ) was down 0.42% or 2.00 points to 478.40.

Rising stocks outnumbered declining ones on the Stockholm Stock Exchange by 423 to 333 and 65 ended unchanged.

Crude oil for March delivery was down 0.23% or 0.18 to $77.67 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 0.12% or 0.10 to hit $81.19 a barrel, while the February Gold Futures contract rose 0.15% or 4.21 to trade at $2,755.11 a troy ounce.

EUR/SEK was up 0.15% to 11.50, while USD/SEK rose 0.30% to 11.18.

The US Dollar Index Futures was up 0.29% at 109.13.

Source: Investing.com