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Sweden shares higher at close of trade; OMX Stockholm 30 up 0.45%

Published 05/12/2024, 17:00
Updated 05/12/2024, 17:10
© Reuters Sweden shares higher at close of trade; OMX Stockholm 30 up 0.45%
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Investing.com – Sweden equities were higher at the close on Thursday, as gains in the Financials, Telecoms and Oil & Gas sectors propelled shares higher.

At the close in Stockholm, the OMX Stockholm 30 rose 0.45% 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 2.57% or 2.70 points to trade at 106.00 at the close. Skandinaviska Enskilda Banken AB A (ST:SEBa) added 2.53% or 3.85 points to end at 156.30 and Nordea Bank Abp (ST:NDASE) was up 1.71% or 2.15 points to 127.60 in late trade.

Biggest losers included Samhallsbyggnadsbolaget i Norden AB (ST:SBBb), which lost 3.73% or 0.13 points to trade at 3.42 in late trade. Getinge AB ser. B (ST:GETIb) declined 1.11% or 1.90 points to end at 169.10 and Atlas Copco AB Class A (ST:ATCOa) shed 1.08% or 2.00 points to 178.80.

Declining stocks outnumbered rising ones by 454 to 312 and 77 ended unchanged on the Stockholm Stock Exchange.

In commodities trading, Crude oil for January delivery was down 0.09% or 0.06 to $68.48 a barrel. Meanwhile, Brent oil for delivery in February fell 0.04% or 0.03 to hit $72.28 a barrel, while the February Gold Futures contract fell 0.74% or 19.91 to trade at $2,656.29 a troy ounce.

EUR/SEK was up 0.13% to 11.49, while USD/SEK fell 0.47% to 10.87.

The US Dollar Index Futures was down 0.45% at 105.81.

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