Sweden stocks higher at close of trade; OMX Stockholm 30 up 1.91%

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 1.91%.

The best performers of the session on the OMX Stockholm 30 were Samhallsbyggnadsbolaget i Norden AB (ST:SBBb ), which rose 12.59% or 0.89 points to trade at 7.97 at the close. Meanwhile, Sinch AB (ST:SINCH ) added 5.00% or 1.54 points to end at 32.32 and SAAB AB ser. B (ST:SAABb ) was up 3.97% or 8.80 points to 230.50 in late trade.

The worst performers of the session were Tele2 AB (ST:TEL2b ), which fell 1.07% or 1.25 points to trade at 115.95 at the close. Telia Company AB (ST:TELIA ) declined 0.57% or 0.19 points to end at 33.38 and Essity AB B (ST:ESSITYb ) was 0.00% or 0.00 points to 316.90.

Rising stocks outnumbered declining ones on the Stockholm Stock Exchange by 510 to 250 and 80 ended unchanged.

Shares in Samhallsbyggnadsbolaget i Norden AB (ST:SBBb ) rose to 52-week highs; rising 12.59% or 0.89 to 7.97.

Crude oil for November delivery was up 2.18% or 1.52 to $71.40 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 1.91% or 1.41 to hit $75.06 a barrel, while the December Gold Futures contract rose 0.64% or 16.75 to trade at $2,615.35 a troy ounce.

EUR/SEK was down 0.05% to 11.34, while USD/SEK fell 0.33% to 10.17.

The US Dollar Index Futures was up 0.17% at 100.45.

Source: Investing.com