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Sweden shares higher at close of trade; OMX Stockholm 30 up 3.38%

Published 25/08/2015, 17:05
Sweden shares higher at close of trade; OMX Stockholm 30 up 3.38%
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Investing.com – Sweden equities were higher at the close on Tuesday, as gains in the Oil & Gas, Consumer Goods and Telecoms sectors propelled shares higher.

At the close in Stockholm, the OMX Stockholm 30 gained 3.38%.

The biggest gainers of the session on the OMX Stockholm 30 were Nokia Oyj (ST:NOKIA), which rose 7.58% or 3.71 points to trade at 52.65 at the close. Lundin Petroleum AB (ST:LUPE) added 5.60% or 5.70 points to end at 107.40 and Electrolux, AB ser. B (ST:ELUXb) was up 5.15% or 11.6 points to 236.9 in late trade.

Biggest losers included Atlas Copco AB ser. B (ST:ATCOb), which added 0.32% or 0.6 points to trade at 187.7 in late trade. Atlas Copco AB ser. A (ST:ATCOa) added 1.16% or 2.4 points to end at 209.1 and Hennes & Mauritz AB, H & M ser. B (ST:HMb) gained 1.68% or 5.5 points to 332.0.

Advancing stocks outnumbered falling ones by 392 to 57 and 3 ended unchanged on the Stockholm Stock Exchange.

In commodities trading, Crude oil for October delivery was up 3.29% or 1.26 to $39.50 a barrel. Meanwhile, Brent oil for delivery in October rose 1.72% or 0.73 to hit $43.42 a barrel, while the December Gold contract fell 1.53% or 17.60 to trade at $1136.00 a troy ounce.

EUR/SEK was up 0.52% to 9.6348, while USD/SEK rose 2.43% to 8.4461.

The US Dollar Index was up 1.36% at 94.65.

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