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Sweden shares higher at close of trade; OMX Stockholm 30 up 0.97%

Published 2016-09-19, 12:05 p/m
© Reuters.  Sweden shares higher at close of trade; OMX Stockholm 30 up 0.97%
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Investing.com – Sweden equities were higher at the close on Monday, as gains in the Oil & Gas, Basic Materials and Industrials sectors propelled shares higher.

At the close in Stockholm, the OMX Stockholm 30 gained 0.97%.

The biggest gainers of the session on the OMX Stockholm 30 were Kinnevik, Investment AB ser. B (ST:KINVBs), which rose 2.44% or 5.0 points to trade at 209.5 at the close. Volvo, AB ser. B (ST:VOLVb) added 2.17% or 2.12 points to end at 99.67 and Sandvik AB (ST:SAND) was up 2.11% or 1.90 points to 91.90 in late trade.

Biggest losers included AstraZeneca PLC (ST:AZN), which lost 0.69% or 4.0 points to trade at 575.0 in late trade. Electrolux, AB ser. B (ST:ELUXb) declined 0.53% or 1.1 points to end at 205.5 and Tele2 AB (ST:TEL2b) shed 0.21% or 0.15 points to 70.20.

Advancing stocks outnumbered falling ones by 381 to 208 and 60 ended unchanged on the Stockholm Stock Exchange.

In commodities trading, Crude oil for November delivery was up 2.13% or 0.93 to $44.55 a barrel. Meanwhile, Brent oil for delivery in November rose 2.10% or 0.96 to hit $46.73 a barrel, while the December Gold contract rose 0.54% or 7.05 to trade at $1317.25 a troy ounce.

EUR/SEK was up 0.04% to 9.5585, while USD/SEK fell 0.24% to 8.5498.

The US Dollar Index was down 0.36% at 95.71.

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