Investing.com – Sweden equities were higher at the close on Thursday, as gains in the Oil & Gas, Industrials and Basic Materials sectors propelled shares higher.
At the close in Stockholm, the OMX Stockholm 30 added 0.41% to hit a new 6-month high.
The biggest gainers of the session on the OMX Stockholm 30 were Electrolux, AB ser. B (ST:ELUXb), which rose 2.44% or 5.2 points to trade at 218.1 at the close. Sandvik AB (ST:SAND) added 2.15% or 2.05 points to end at 97.35 and Swedbank AB ser A (ST:SWEDa) was up 1.56% or 3.1 points to 202.4 in late trade.
Biggest losers included Fingerprint Cards AB ser. B (ST:FINGb), which lost 3.94% or 3.95 points to trade at 96.25 in late trade. Nokia Oyj (ST:NOKIA) declined 3.35% or 1.65 points to end at 47.59 and Telia Company AB (ST:TELIA) shed 1.07% or 0.41 points to 38.08.
Declining stocks outnumbered rising ones by 340 to 256 and 52 ended unchanged on the Stockholm Stock Exchange.
In commodities trading, Crude oil for November delivery was up 1.04% or 0.52 to $50.35 a barrel. Meanwhile, Brent oil for delivery in December rose 1.20% or 0.62 to hit $52.48 a barrel, while the December Gold contract fell 0.76% or 9.65 to trade at $1258.95 a troy ounce.
EUR/SEK was up 0.01% to 9.6250, while USD/SEK rose 0.38% to 8.6222.
The US Dollar Index was up 0.44% at 96.55.