Investing.com – Sweden equities were higher at the close on Tuesday, as gains in the Consumer Services, Industrials and Telecoms sectors propelled shares higher.
At the close in Stockholm, the OMX Stockholm 30 added 1.85% to hit a new 3-month high.
The biggest gainers of the session on the OMX Stockholm 30 were Alfa Laval AB (ST:ALFA), which rose 4.39% or 5.8 points to trade at 137.9 at the close. SKF, AB ser. B (ST:SKFb) added 4.04% or 5.5 points to end at 141.6 and Hennes & Mauritz AB, H & M ser. B (ST:HMb) was up 2.74% or 7.0 points to 262.7 in late trade.
Biggest losers included AstraZeneca PLC (ST:AZN), which lost 1.27% or 7.5 points to trade at 583.0 in late trade. Kinnevik, Investment AB ser. B (ST:KINVBs) declined 0.56% or 1.2 points to end at 213.4 and Telefonaktiebolaget L M Ericsson B (ST:ERICb) shed 0.03% or 0.02 points to 62.38.
Advancing stocks outnumbered falling ones by 405 to 190 and 56 ended unchanged on the Stockholm Stock Exchange.
In commodities trading, Crude oil for September delivery was up 0.16% or 0.07 to $43.09 a barrel. Meanwhile, Brent oil for delivery in October fell 0.11% or 0.05 to hit $45.34 a barrel, while the December Gold contract rose 0.26% or 3.55 to trade at $1344.85 a troy ounce.
EUR/SEK was down 0.37% to 9.4793, while USD/SEK fell 0.59% to 8.5324.
The US Dollar Index was down 0.19% at 96.11.