Investing.com – Sweden equities were higher at the close on Wednesday, as gains in the Basic Materials, Financials and Industrials sectors propelled shares higher.
At the close in Stockholm, the OMX Stockholm 30 rose 0.58%.
The biggest gainers of the session on the OMX Stockholm 30 were Svenska Handelsbanken AB A (ST:SHBa), which rose 2.11% or 2.6 points to trade at 125.8 at the close. Boliden AB (ST:BOL) added 1.50% or 3.70 points to end at 250.50 and Sandvik AB (ST:SAND) was up 1.30% or 1.50 points to 117.30 in late trade.
Biggest losers included Telefonaktiebolaget LM Ericsson B (ST:ERICb), which lost 0.69% or 0.37 points to trade at 53.23 in late trade. Securitas AB ser. B (ST:SECUb) declined 0.50% or 0.70 points to end at 139.40 and Telia Company AB (ST:TELIA) shed 0.43% or 0.16 points to 36.80.
Advancing stocks outnumbered falling ones by 313 to 265 and 84 ended unchanged on the Stockholm Stock Exchange.
In commodities trading, Crude oil for February delivery was down 0.91% or 0.48 to $52.00 a barrel. Meanwhile, Brent oil for delivery in March fell 0.74% or 0.41 to hit $55.06 a barrel, while the February Gold contract fell 0.01% or 0.15 to trade at $1212.75 a troy ounce.
EUR/SEK was up 0.03% to 9.5211, while USD/SEK rose 0.34% to 8.9154.
The US Dollar Index was up 0.49% at 100.75.