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Sweden shares higher at close of trade; OMX Stockholm 30 up 1.08%

Published 23/08/2016, 17:05
Updated 23/08/2016, 17:05
© Reuters.  Sweden shares higher at close of trade; OMX Stockholm 30 up 1.08%

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

At the close in Stockholm, the OMX Stockholm 30 rose 1.08%.

The biggest gainers of the session on the OMX Stockholm 30 were Fingerprint Cards AB ser. B (ST:FINGb), which rose 3.26% or 3.30 points to trade at 104.60 at the close. SSAB AB ser. A (ST:SSABa) added 3.00% or 0.78 points to end at 26.80 and Skandinaviska Enskilda Banken A (ST:SEBa) was up 2.14% or 1.65 points to 78.80 in late trade.

Biggest losers included AstraZeneca PLC (ST:AZN), which added 0.09% or 0.5 points to trade at 566.5 in late trade. Swedish Match AB (ST:SWMA) added 0.23% or 0.7 points to end at 305.3 and Securitas AB ser. B (ST:SECUb) gained 0.41% or 0.60 points to 147.90.

Advancing stocks outnumbered falling ones by 403 to 191 and 59 ended unchanged on the Stockholm Stock Exchange.

In commodities trading, Crude oil for October delivery was up 0.55% or 0.26 to $47.67 a barrel. Meanwhile, Brent oil for delivery in October rose 0.83% or 0.41 to hit $49.57 a barrel, while the December Gold contract fell 0.04% or 0.55 to trade at $1342.85 a troy ounce.

EUR/SEK was down 0.01% to 9.4783, while USD/SEK rose 0.08% to 8.3816.

The US Dollar Index was down 0.03% at 94.49.

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