Sweden shares higher at close of trade; OMX Stockholm 30 up 0.04%

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Sweden shares higher at close of trade; OMX Stockholm 30 up 0.04%
Credit: © Reuters.

Investing.com – Sweden equities were higher at the close on Thursday, as gains in the Technology , Telecoms and Financials sectors propelled shares higher.

At the close in Stockholm, the OMX Stockholm 30 rose 0.04%.

The biggest gainers of the session on the OMX Stockholm 30 were Telefonaktiebolaget LM Ericsson Class B (ST: ERICb ), which rose 3.12% or 2.38 points to trade at 78.72 at the close. Tele2 AB (ST: TEL2b ) added 0.88% or 1.00 points to end at 114.35 and Swedish Match AB (ST: SWMA ) was up 0.87% or 4.1 points to 476.0 in late trade.

Biggest losers included Atlas Copco AB Class A (ST: ATCOa ), which lost 2.06% or 5.3 points to trade at 254.0 in late trade. Electrolux, AB ser. B (ST: ELUXb ) declined 2.04% or 4.0 points to end at 194.5 and Atlas Copco AB Series B (ST: ATCOb ) shed 1.71% or 4.1 points to 235.5.

Declining stocks outnumbered rising ones by 375 to 253 and 61 ended unchanged on the Stockholm Stock Exchange.

In commodities trading, Crude oil for October delivery was down 1.98% or 1.36 to $67.36 a barrel. Meanwhile, Brent oil for delivery in November fell 1.57% or 1.21 to hit $76.06 a barrel, while the December Gold Futures contract rose 0.26% or 3.10 to trade at $1204.40 a troy ounce.

EUR/SEK was up 0.54% to 10.5873, while USD/SEK rose 0.60% to 9.1085.

The US Dollar Index Futures was down 0.02% at 95.05.

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