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.