Sweden stocks higher at close of trade; OMX Stockholm 30 up 0.72%

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

At the close in Stockholm, the OMX Stockholm 30 rose 0.72%.

The best performers of the session on the OMX Stockholm 30 were Samhallsbyggnadsbolaget i Norden AB (ST:SBBb ), which rose 3.52% or 0.22 points to trade at 6.44 at the close. Meanwhile, NIBE Industrier AB ser. B (ST:NIBEb ) added 3.10% or 1.50 points to end at 50.60 and Sinch AB (ST:SINCH ) was up 2.13% or 0.61 points to 29.21 in late trade.

The worst performers of the session were Alfa Laval AB (ST:ALFA ), which fell 2.54% or 11.70 points to trade at 448.50 at the close. Getinge AB ser. B (ST:GETIb ) declined 0.95% or 2.00 points to end at 209.60 and ABB Ltd (ST:ABB ) was down 0.52% or 3.00 points to 574.20.

Rising stocks outnumbered declining ones on the Stockholm Stock Exchange by 520 to 258 and 77 ended unchanged.

Crude oil for October delivery was up 2.49% or 1.82 to $74.83 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 2.31% or 1.78 to hit $79.00 a barrel, while the December Gold Futures contract rose 1.03% or 25.80 to trade at $2,542.50 a troy ounce.

EUR/SEK was up 0.18% to 11.39, while USD/SEK fell 0.40% to 10.19.

The US Dollar Index Futures was down 0.66% at 100.73.

Source: Investing.com