Investing.com – Sweden equities were higher at the close on Friday, as gains in the Basic Materials, Oil & Gas and Consumer Services sectors propelled shares higher.
At the close in Stockholm, the OMX Stockholm 30 gained 0.23% to hit a new 52-week high.
The biggest gainers of the session on the OMX Stockholm 30 were SSAB AB ser. A (ST:SSABa), which rose 2.87% or 1.04 points to trade at 37.24 at the close. Boliden AB (ST:BOL) added 2.10% or 5.00 points to end at 242.80 and ASSA ABLOY AB ser. B (ST:ASSAb) was up 1.45% or 2.8 points to 196.0 in late trade.
Biggest losers included Swedish Match AB (ST:SWMA), which lost 3.16% or 9.3 points to trade at 284.6 in late trade. Electrolux, AB ser. B (ST:ELUXb) declined 1.28% or 3.5 points to end at 270.5 and AB SKF B (ST:SKFb) shed 1.14% or 2.2 points to 191.0.
Advancing stocks outnumbered falling ones by 370 to 326 and 75 ended unchanged on the Stockholm Stock Exchange.
In commodities trading, Crude oil for June delivery was up 1.65% or 0.75 to $46.27 a barrel. Meanwhile, Brent oil for delivery in July rose 1.53% or 0.74 to hit $49.12 a barrel, while the June Gold Futures contract rose 0.05% or 0.59 to trade at $1229.19 a troy ounce.
EUR/SEK was down 0.29% to 9.6726, while USD/SEK fell 0.39% to 8.7971.
The US Dollar Index Futures was down 0.08% at 98.53.