Investing.com – Sweden equities were higher at the close on Thursday, as gains in the Basic Materials, Telecoms and Technology sectors propelled shares higher.
At the close in Stockholm, the OMX Stockholm 30 gained 1.64% to hit a new 6-month high.
The biggest gainers of the session on the OMX Stockholm 30 were SSAB AB ser. A (ST:SSABa), which rose 4.79% or 1.12 points to trade at 24.48 at the close. Boliden AB (ST:BOL) added 4.55% or 8.50 points to end at 195.30 and Nokia Oyj (ST:NOKIA) was up 3.33% or 1.57 points to 48.78 in late trade.
Biggest losers included Skandinaviska Enskilda Banken A (ST:SEBa), which added 0.29% or 0.25 points to trade at 86.15 in late trade. Volvo, AB ser. B (ST:VOLVb) added 0.37% or 0.36 points to end at 98.91 and Swedbank AB ser A (ST:SWEDa) gained 0.80% or 1.6 points to 201.2.
Advancing stocks outnumbered falling ones by 411 to 189 and 60 ended unchanged on the Stockholm Stock Exchange.
In commodities trading, Crude oil for November delivery was up 2.45% or 1.11 to $46.45 a barrel. Meanwhile, Brent oil for delivery in November rose 1.92% or 0.90 to hit $47.73 a barrel, while the December Gold contract rose 1.21% or 16.05 to trade at $1347.45 a troy ounce.
EUR/SEK was up 0.07% to 9.5790, while USD/SEK fell 0.29% to 8.5295.
The US Dollar Index was down 0.32% at 95.15.