Investing.com – Sweden equities were higher at the close on Friday, as gains in the Oil & Gas, Basic Materials and Telecoms sectors propelled shares higher.
At the close in Stockholm, the OMX Stockholm 30 gained 2.56%.
The biggest gainers of the session on the OMX Stockholm 30 were SSAB AB ser. A (ST:SSABa), which rose 5.59% or 1.56 points to trade at 29.49 at the close. Lundin Petroleum AB (ST:LUPE) added 5.21% or 6.60 points to end at 133.30 and Nokia Oyj (ST:NOKIA) was up 4.59% or 2.16 points to 49.23 in late trade.
Biggest losers included AstraZeneca PLC (ST:AZN), which lost 0.25% or 1.2 points to trade at 481.5 in late trade. Fingerprint Cards AB ser. B (ST:FINGb) added 0.39% or 1.90 points to end at 489.20 and Skanska AB ser. B (ST:SKAb) gained 1.38% or 2.30 points to 169.00.
Advancing stocks outnumbered falling ones by 387 to 151 and 61 ended unchanged on the Stockholm Stock Exchange.
In commodities trading, Crude oil for May delivery was up 5.77% or 2.15 to $39.41 a barrel. Meanwhile, Brent oil for delivery in June rose 5.53% or 2.18 to hit $41.61 a barrel, while the June Gold contract rose 0.36% or 4.50 to trade at $1242.00 a troy ounce.
EUR/SEK was down 0.03% to 9.2910, while USD/SEK fell 0.32% to 8.1416.
The US Dollar Index was down 0.33% at 94.19.