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Sweden shares higher at close of trade; OMX Stockholm 30 up 0.33%

Published 18/10/2024, 17:00
© Reuters.  Sweden shares higher at close of trade; OMX Stockholm 30 up 0.33%
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Investing.com – Sweden equities were higher at the close on Friday, as gains in the Basic Materials, Telecoms and Industrials sectors propelled shares higher.

At the close in Stockholm, the OMX Stockholm 30 gained 0.33%.

The biggest gainers of the session on the OMX Stockholm 30 were Volvo, AB ser. B (ST:VOLVb), which rose 3.51% or 9.30 points to trade at 274.30 at the close. AB SKF B (ST:SKFb) added 2.62% or 5.10 points to end at 200.00 and Electrolux AB Class B (ST:ELUXb) was up 2.09% or 2.10 points to 102.50 in late trade.

Biggest losers included Getinge AB ser. B (ST:GETIb), which lost 5.03% or 10.60 points to trade at 199.20 in late trade. Samhallsbyggnadsbolaget i Norden AB (ST:SBBb) declined 1.97% or 0.13 points to end at 6.21 and ABB Ltd (ST:ABB) shed 1.44% or 8.80 points to 602.80.

Advancing stocks outnumbered falling ones by 401 to 323 and 96 ended unchanged on the Stockholm Stock Exchange.

In commodities trading, Crude oil for November delivery was down 1.77% or 1.25 to $69.42 a barrel. Meanwhile, Brent oil for delivery in December fell 1.69% or 1.26 to hit $73.19 a barrel, while the December Gold Futures contract rose 0.95% or 25.60 to trade at $2,733.10 a troy ounce.

EUR/SEK was up 0.19% to 11.43, while USD/SEK unchanged 0.04% to 10.53.

The US Dollar Index Futures was down 0.26% at 103.39.

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