Sweden shares higher at close of trade; OMX Stockholm 30 up 1.76%

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Sweden shares higher at close of trade; OMX Stockholm 30 up 1.76%
Credit: © Reuters.

Investing.com – Sweden equities were higher at the close on Friday, as gains in the Oil & Gas , Technology and Industrials sectors propelled shares higher.

At the close in Stockholm, the OMX Stockholm 30 added 1.76% to hit a new 1-month high.

The biggest gainers of the session on the OMX Stockholm 30 were Hexagon AB ser. B (ST: HEXAb ), which rose 3.71% or 16.0 points to trade at 447.1 at the close. Atlas Copco AB Series B (ST: ATCOb ) added 2.95% or 6.1 points to end at 213.1 and Boliden AB (ST: BOL ) was up 2.69% or 5.70 points to 217.65 in late trade.

Biggest losers included Kinnevik, Investment AB ser. B (ST: KINVb ), which lost 1.18% or 2.7 points to trade at 225.7 in late trade. Svenska Cellulosa SCA AB B (ST: SCAb ) unchanged 0.03% or 0.0 points to end at 77.8 and Svenska Handelsbanken AB A (ST: SHBa ) gained 0.53% or 0.53 points to 100.58.

Advancing stocks outnumbered falling ones by 430 to 206 and 56 ended unchanged on the Stockholm Stock Exchange.

In commodities trading, Crude oil for February delivery was up 2.92% or 1.52 to $53.59 a barrel. Meanwhile, Brent oil for delivery in March rose 2.37% or 1.45 to hit $62.63 a barrel, while the February Gold Futures contract fell 0.78% or 10.05 to trade at $1282.25 a troy ounce.

EUR/SEK was down 0.24% to 10.2504, while USD/SEK rose 0.04% to 9.0224.

The US Dollar Index Futures was up 0.30% at 96.002.

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