Sweden shares higher at close of trade; OMX Stockholm 30 up 0.08%

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

At the close in Stockholm, the OMX Stockholm 30 rose 0.08%.

The biggest gainers of the session on the OMX Stockholm 30 were SAAB AB ser. B (ST:SAABb), which rose 4.29% or 9.40 points to trade at 228.50 at the close. Sinch AB (ST:SINCH) added 2.80% or 0.89 points to end at 32.65 and ABB Ltd (ST:ABB) was up 2.27% or 13.60 points to 611.80 in late trade.

Biggest losers included AstraZeneca PLC (ST:AZN), which lost 7.77% or 119.00 points to trade at 1,412.00 in late trade. Samhallsbyggnadsbolaget i Norden AB (ST:SBBb) declined 2.23% or 0.10 points to end at 4.31 and NIBE Industrier AB ser. B (ST:NIBEb) shed 1.23% or 0.70 points to 54.80.

Declining stocks outnumbered rising ones by 458 to 301 and 82 ended unchanged on the Stockholm Stock Exchange.

In commodities trading, Crude oil for December delivery was up 1.53% or 1.09 to $72.56 a barrel. Meanwhile, Brent oil for delivery in January rose 1.35% or 1.01 to hit $76.09 a barrel, while the December Gold Futures contract rose 0.19% or 5.20 to trade at $2,751.40 a troy ounce.

EUR/SEK was up 0.37% to 11.70, while USD/SEK fell 0.07% to 10.71.

The US Dollar Index Futures was down 0.39% at 103.39.