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Sweden stocks higher at close of trade; OMX Stockholm 30 up 0.53%

Published 06/07/2024, 12:00 PM
© Reuters Sweden stocks higher at close of trade; OMX Stockholm 30 up 0.53%
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Investing.com – Sweden stocks were higher after the close on Friday, as gains in the Oil & Gas, Technology and Consumer Services sectors led shares higher.

At the close in Stockholm, the OMX Stockholm 30 rose 0.53%.

The best performers of the session on the OMX Stockholm 30 were Kinnevik, Investment AB ser. B (ST:KINVb), which rose 4.76% or 4.90 points to trade at 106.80 at the close. Meanwhile, Swedbank AB ser A (ST:SWEDa) added 2.56% or 5.50 points to end at 220.30 and Skandinaviska Enskilda Banken AB A (ST:SEBa) was up 1.87% or 2.80 points to 152.40 in late trade.

The worst performers of the session were Volvo, AB ser. B (ST:VOLVb), which fell 3.74% or 10.70 points to trade at 275.20 at the close. Electrolux AB Class B (ST:ELUXb) declined 2.80% or 2.80 points to end at 96.00 and NIBE Industrier AB ser. B (ST:NIBEb) was down 1.78% or 0.90 points to 50.70.

Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 396 to 377 and 73 ended unchanged.

Crude oil for July delivery was down 0.15% or 0.11 to $75.44 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 0.35% or 0.28 to hit $79.59 a barrel, while the August Gold Futures contract fell 2.82% or 67.45 to trade at $2,323.45 a troy ounce.

EUR/SEK was up 0.71% to 11.39, while USD/SEK rose 1.38% to 10.53.

The US Dollar Index Futures was up 0.74% at 104.82.

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