Investing.com – Sweden equities were higher at the close on Wednesday, as gains in the Oil & Gas, Basic Materials and Industrials sectors propelled shares higher.
At the close in Stockholm, the OMX Stockholm 30 rose 0.69%.
The biggest gainers of the session on the OMX Stockholm 30 were Volvo, AB ser. B (ST:VOLVb), which rose 5.14% or 5.75 points to trade at 117.55 at the close. Lundin Petroleum AB (ST:LUPE) added 2.86% or 5.40 points to end at 194.00 and Skandinaviska Enskilda Banken AB A (ST:SEBa) was up 2.70% or 2.65 points to 100.90 in late trade.
Biggest losers included Electrolux, AB ser. B (ST:ELUXb), which lost 2.11% or 4.9 points to trade at 227.6 in late trade. Tele2 AB (ST:TEL2b) declined 1.69% or 1.30 points to end at 75.85 and H & M Hennes & Mauritz AB B (ST:HMb) shed 1.64% or 4.1 points to 245.9.
Advancing stocks outnumbered falling ones by 363 to 249 and 59 ended unchanged on the Stockholm Stock Exchange.
In commodities trading, Crude oil for March delivery was up 0.53% or 0.28 to $53.09 a barrel. Meanwhile, Brent oil for delivery in April rose 0.72% or 0.40 to hit $55.98 a barrel, while the April Gold Futures contract fell 0.43% or 5.20 to trade at $1206.20 a troy ounce.
EUR/SEK was down 0.11% to 9.4299, while USD/SEK rose 0.27% to 8.7657.
The US Dollar Index Futures was up 0.29% at 99.82.