Investing.com – Sweden equities were higher at the close on Wednesday, as gains in the Basic Materials, Consumer Goods and Telecoms sectors propelled shares higher.
At the close in Stockholm, the OMX Stockholm 30 rose 0.12%.
The biggest gainers of the session on the OMX Stockholm 30 were ABB Ltd (ST:ABB), which rose 2.28% or 4.5 points to trade at 201.7 at the close. Electrolux, AB ser. B (ST:ELUXb) added 2.26% or 5.0 points to end at 226.5 and Tele2 AB (ST:TEL2b) was up 1.70% or 1.25 points to 74.75 in late trade.
Biggest losers included Fingerprint Cards AB ser. B (ST:FINGb), which lost 4.76% or 3.00 points to trade at 60.00 in late trade. AstraZeneca PLC (ST:AZN) declined 1.44% or 7.5 points to end at 512.0 and Atlas Copco AB ser. A (ST:ATCOa) shed 1.43% or 4.1 points to 282.5.
Advancing stocks outnumbered falling ones by 339 to 262 and 66 ended unchanged on the Stockholm Stock Exchange.
In commodities trading, Crude oil for February delivery was up 2.85% or 1.45 to $52.27 a barrel. Meanwhile, Brent oil for delivery in March rose 2.85% or 1.53 to hit $55.17 a barrel, while the February Gold contract fell 0.34% or 4.05 to trade at $1181.45 a troy ounce.
EUR/SEK was down 0.31% to 9.5572, while USD/SEK rose 0.41% to 9.1205.
The US Dollar Index was up 0.66% at 102.68.