Sweden shares higher at close of trade; OMX Stockholm 30 up 0.99%

Investing.com – Sweden equities were higher at the close on Thursday, as gains in the Industrials, Basic Materials and Healthcare sectors propelled shares higher.

At the close in Stockholm, the OMX Stockholm 30 gained 0.99%.

The biggest gainers of the session on the OMX Stockholm 30 were Alfa Laval AB (ST:ALFA), which rose 2.45% or 11.00 points to trade at 459.70 at the close. AB SKF B (ST:SKFb) added 2.26% or 4.30 points to end at 194.50 and Sandvik AB (ST:SAND) was up 1.91% or 4.10 points to 218.20 in late trade.

Biggest losers included Telia Company AB (ST:TELIA), which lost 0.38% or 0.12 points to trade at 31.39 in late trade. H&M Hennes&Mauritz AB B (ST:HMb) declined 0.22% or 0.40 points to end at 161.40 and Sinch AB (ST:SINCH) shed 0.17% or 0.05 points to 29.19.

Advancing stocks outnumbered falling ones by 412 to 348 and 88 ended unchanged on the Stockholm Stock Exchange.

In commodities trading, Crude oil for October delivery was up 1.92% or 1.43 to $75.95 a barrel. Meanwhile, Brent oil for delivery in November rose 1.43% or 1.11 to hit $78.69 a barrel, while the December Gold Futures contract rose 0.61% or 15.40 to trade at $2,553.20 a troy ounce.

EUR/SEK was up 0.10% to 11.33, while USD/SEK rose 0.42% to 10.23.

The US Dollar Index Futures was up 0.26% at 101.26.