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Sweden shares higher at close of trade; OMX Stockholm 30 up 1.91%

Published 19/09/2024, 17:00
© Reuters Sweden shares higher at close of trade; OMX Stockholm 30 up 1.91%
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Investing.com – Sweden equities were higher at the close on Thursday, as gains in the Basic Materials, Industrials and Financials sectors propelled shares higher.

At the close in Stockholm, the OMX Stockholm 30 rose 1.91%.

The biggest gainers of the session on the OMX Stockholm 30 were Samhallsbyggnadsbolaget i Norden AB (ST:SBBb), which rose 12.59% or 0.89 points to trade at 7.97 at the close. Sinch AB (ST:SINCH) added 5.00% or 1.54 points to end at 32.32 and SAAB AB ser. B (ST:SAABb) was up 3.97% or 8.80 points to 230.50 in late trade.

Biggest losers included Tele2 AB (ST:TEL2b), which lost 1.07% or 1.25 points to trade at 115.95 in late trade. Telia Company AB (ST:TELIA) declined 0.57% or 0.19 points to end at 33.38 and Essity AB B (ST:ESSITYb) 0.00% or 0.00 points to 316.90.

Advancing stocks outnumbered falling ones by 510 to 250 and 80 ended unchanged on the Stockholm Stock Exchange.

In commodities trading, Crude oil for November delivery was up 2.16% or 1.51 to $71.39 a barrel. Meanwhile, Brent oil for delivery in November rose 1.91% or 1.41 to hit $75.06 a barrel, while the December Gold Futures contract rose 0.64% or 16.65 to trade at $2,615.25 a troy ounce.

EUR/SEK was down 0.04% to 11.34, while USD/SEK fell 0.33% to 10.17.

The US Dollar Index Futures was up 0.17% at 100.46.

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