Investing.com – Sweden stocks were higher after the close on Wednesday, as gains in the Telecoms, Consumer Goods and Basic Materials sectors led shares higher.
At the close in Stockholm, the OMX Stockholm 30 added 0.35%.
The best performers of the session on the OMX Stockholm 30 were Swedish Match AB (ST:SWMA), which rose 3.65% or 12.3 points to trade at 349.1 at the close. Meanwhile, Svenska Cellulosa SCA AB B (ST:SCAb) added 1.97% or 1.6 points to end at 80.6 and Electrolux, AB ser. B (ST:ELUXb) was up 1.58% or 4.2 points to 270.2 in late trade.
The worst performers of the session were SSAB AB ser. A (ST:SSABa), which fell 1.66% or 0.82 points to trade at 48.72 at the close. ABB Ltd (ST:ABB) declined 0.83% or 1.7 points to end at 203.5 and Alfa Laval AB (ST:ALFA) was down 0.79% or 1.6 points to 200.1.
Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 332 to 281 and 48 ended unchanged.
Shares in Swedish Match AB (ST:SWMA) rose to all time highs; up 3.65% or 12.3 to 349.1.
Crude oil for April delivery was down 0.39% or 0.24 to $61.55 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April fell 0.09% or 0.06 to hit $65.19 a barrel, while the April Gold Futures contract fell 0.03% or 0.40 to trade at $1330.80 a troy ounce.
EUR/SEK was down 0.20% to 9.9687, while USD/SEK fell 0.04% to 8.0932.
The US Dollar Index Futures was up 0.19% at 89.81.