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Sweden shares higher at close of trade; OMX Stockholm 30 up 2.07%

Published 11/12/2018, 17:05
Updated 11/12/2018, 17:05
© Reuters.  Sweden shares higher at close of trade; OMX Stockholm 30 up 2.07%

© Reuters. Sweden shares higher at close of trade; OMX Stockholm 30 up 2.07%

Investing.com – Sweden equities were higher at the close on Tuesday, as gains in the Oil & Gas, Basic Materials and Industrials sectors propelled shares higher.

At the close in Stockholm, the OMX Stockholm 30 rose 2.07%.

The biggest gainers of the session on the OMX Stockholm 30 were Autoliv Inc . SDB (ST:ALIVsdb), which rose 5.52% or 37.2 points to trade at 711.6 at the close. Atlas Copco AB Series B (ST:ATCOb) added 3.88% or 7.5 points to end at 199.5 and Svenska Cellulosa SCA AB B (ST:SCAb) was up 3.68% or 2.6 points to 72.1 in late trade.

Biggest losers included Nordea Bank Abp (ST:NDASE), which added 0.60% or 0.46 points to trade at 77.45 in late trade. Tele2 AB (ST:TEL2b) added 0.72% or 0.80 points to end at 111.30 and Skandinaviska Enskilda Banken AB A (ST:SEBa) gained 0.76% or 0.68 points to 89.78.

Advancing stocks outnumbered falling ones by 411 to 221 and 50 ended unchanged on the Stockholm Stock Exchange.

In commodities trading, Crude oil for January delivery was up 1.29% or 0.66 to $51.66 a barrel. Meanwhile, Brent oil for delivery in February rose 0.57% or 0.34 to hit $60.31 a barrel, while the February Gold Futures contract fell 0.05% or 0.60 to trade at $1248.80 a troy ounce.

EUR/SEK was down 0.43% to 10.2843, while USD/SEK fell 0.03% to 9.0925.

The US Dollar Index Futures was up 0.30% at 97.472.

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