Sweden stocks higher at close of trade; OMX Stockholm 30 up 1.97%

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

At the close in Stockholm, the OMX Stockholm 30 added 1.97% to hit a new 1-month high.

The best performers of the session on the OMX Stockholm 30 were Samhallsbyggnadsbolaget i Norden AB (ST:SBBb ), which rose 8.68% or 0.43 points to trade at 5.34 at the close. Meanwhile, Sinch AB (ST:SINCH ) added 5.66% or 1.09 points to end at 20.36 and Kinnevik, Investment AB ser. B (ST:KINVb ) was up 4.01% or 3.00 points to 78.80 in late trade.

The worst performers of the session were AstraZeneca PLC (ST:AZN ), which fell 0.21% or 3.00 points to trade at 1,451.50 at the close. Essity AB B (ST:ESSITYb ) added 0.10% or 0.30 points to end at 292.10 and SAAB AB ser. B (ST:SAABb ) was up 0.47% or 1.10 points to 233.00.

Rising stocks outnumbered declining ones on the Stockholm Stock Exchange by 522 to 228 and 80 ended unchanged.

Crude oil for March delivery was up 2.29% or 1.75 to $78.12 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 1.88% or 1.50 to hit $81.42 a barrel, while the February Gold Futures contract rose 1.25% or 33.46 to trade at $2,715.76 a troy ounce.

EUR/SEK was down 0.19% to 11.48, while USD/SEK unchanged 0.01% to 11.16.

The US Dollar Index Futures was down 0.12% at 108.98.

Source: Investing.com