Sweden stocks higher at close of trade; OMX Stockholm 30 up 1.24%

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

At the close in Stockholm, the OMX Stockholm 30 added 1.24%.

The best performers of the session on the OMX Stockholm 30 were SAAB AB ser. B (ST:SAABb ), which rose 4.93% or 11.10 points to trade at 235.40 at the close. Meanwhile, Volvo, AB ser. B (ST:VOLVb ) added 4.78% or 13.30 points to end at 291.70 and AB SKF B (ST:SKFb ) was up 4.75% or 9.80 points to 216.00 in late trade.

The worst performers of the session were Sinch AB (ST:SINCH ), which fell 8.31% or 1.98 points to trade at 21.86 at the close. NIBE Industrier AB ser. B (ST:NIBEb ) declined 2.12% or 1.10 points to end at 49.80 and AstraZeneca PLC (ST:AZN ) was down 1.58% or 22.00 points to 1,372.00.

Rising stocks outnumbered declining ones on the Stockholm Stock Exchange by 451 to 307 and 87 ended unchanged.

Crude oil for December delivery was up 0.54% or 0.39 to $72.08 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 0.61% or 0.46 to hit $75.38 a barrel, while the December Gold Futures contract rose 1.02% or 27.40 to trade at $2,703.70 a troy ounce.

EUR/SEK was down 0.53% to 11.57, while USD/SEK fell 1.12% to 10.72.

The US Dollar Index Futures was down 0.61% at 104.35.

Source: Investing.com