Investing.com – Sweden stocks were higher after the close on Friday, as gains in the Technology, Basic Materials and Industrials sectors led shares higher.
At the close in Stockholm, the OMX Stockholm 30 rose 0.85% to hit a new 1-month high.
The best performers of the session on the OMX Stockholm 30 were Volvo, AB ser. B (ST:VOLVb), which rose 3.76% or 4.55 points to trade at 125.50 at the close. Meanwhile, Telefonaktiebolaget LM Ericsson Class B (ST:ERICb) added 3.46% or 2.72 points to end at 81.30 and AB SKF B (ST:SKFb) was up 2.70% or 4.0 points to 150.1 in late trade.
The worst performers of the session were Telia Company AB (ST:TELIA), which fell 4.80% or 2.00 points to trade at 39.69 at the close. AstraZeneca PLC (ST:AZN) declined 1.28% or 8.4 points to end at 649.2 and Swedish Match AB (ST:SWMA) was down 0.37% or 1.5 points to 398.9.
Rising stocks outnumbered declining ones on the Stockholm Stock Exchange by 390 to 254 and 45 ended unchanged.
Crude oil for March delivery was up 0.79% or 0.42 to $53.55 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.56% or 0.34 to hit $61.43 a barrel, while the February Gold Futures contract rose 1.32% or 16.95 to trade at $1296.75 a troy ounce.
EUR/SEK was up 0.57% to 10.3290, while USD/SEK fell 0.29% to 9.0577.
The US Dollar Index Futures was down 0.75% at 95.572.