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Sweden shares higher at close of trade; OMX Stockholm 30 up 1.63%

Published 07/08/2024, 17:00
Updated 07/08/2024, 17:09
Sweden shares higher at close of trade; OMX Stockholm 30 up 1.63%
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Investing.com – Sweden equities were higher at the close on Wednesday, as gains in the Financials, Industrials and Healthcare sectors propelled shares higher.

At the close in Stockholm, the OMX Stockholm 30 added 1.63%.

The biggest gainers of the session on the OMX Stockholm 30 were Samhallsbyggnadsbolaget i Norden AB (ST:SBBb), which rose 8.17% or 0.50 points to trade at 6.59 at the close. Sinch AB (ST:SINCH) added 5.59% or 1.40 points to end at 26.45 and Skandinaviska Enskilda Banken AB A (ST:SEBa) was up 2.72% or 3.95 points to 149.30 in late trade.

Biggest losers included Boliden AB (ST:BOL), which lost 0.83% or 2.50 points to trade at 297.00 in late trade. NIBE Industrier AB ser. B (ST:NIBEb) unchanged 0.05% or 0.00 points to end at 43.50 and Svenska Cellulosa SCA AB B (ST:SCAb) gained 0.29% or 0.40 points to 136.90.

Advancing stocks outnumbered falling ones by 604 to 177 and 65 ended unchanged on the Stockholm Stock Exchange.

In commodities trading, Crude oil for September delivery was up 3.25% or 2.38 to $75.58 a barrel. Meanwhile, Brent oil for delivery in October rose 2.82% or 2.16 to hit $78.64 a barrel, while the December Gold Futures contract rose 0.15% or 3.55 to trade at $2,435.15 a troy ounce.

EUR/SEK was down 0.67% to 11.42, while USD/SEK fell 0.61% to 10.46.

The US Dollar Index Futures was up 0.23% at 103.00.

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