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Sweden shares higher at close of trade; OMX Stockholm 30 up 0.92%

Published 20/04/2018, 17:05
Updated 20/04/2018, 17:10
Sweden shares higher at close of trade; OMX Stockholm 30 up 0.92%

Sweden shares higher at close of trade; OMX Stockholm 30 up 0.92%

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

At the close in Stockholm, the OMX Stockholm 30 added 0.92% to hit a new 1-month high.

The biggest gainers of the session on the OMX Stockholm 30 were Telefonaktiebolaget LM Ericsson Class B (ST:ERICb), which rose 18.39% or 10.22 points to trade at 65.78 at the close. Telia Company AB (ST:TELIA) added 8.63% or 3.28 points to end at 41.30 and Fingerprint Cards AB ser. B (ST:FINGb) was up 2.30% or 0.18 points to 8.23 in late trade.

Biggest losers included SSAB AB ser. A (ST:SSABa), which lost 3.26% or 1.70 points to trade at 50.52 in late trade. Essity AB B (ST:ESSITYb) declined 2.95% or 6.60 points to end at 217.30 and H & M Hennes & Mauritz AB B (ST:HMb) shed 2.90% or 4.0 points to 132.5.

Advancing stocks outnumbered falling ones by 317 to 305 and 53 ended unchanged on the Stockholm Stock Exchange.

In commodities trading, Crude oil for May delivery was down 0.06% or 0.04 to $68.25 a barrel. Meanwhile, Brent oil for delivery in June fell 0.15% or 0.11 to hit $73.67 a barrel, while the June Gold Futures contract fell 0.59% or 8.00 to trade at $1340.80 a troy ounce.

EUR/SEK was down 0.04% to 10.3760, while USD/SEK rose 0.45% to 8.4451.

The US Dollar Index Futures was up 0.44% at 90.03.

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