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Sweden stocks higher at close of trade; OMX Stockholm 30 up 0.92%

Published 04/20/2018, 12:05 PM
Updated 04/20/2018, 12:10 PM
© Reuters.  Sweden stocks higher at close of trade; OMX Stockholm 30 up 0.92%
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Investing.com – Sweden stocks were higher after the close on Friday, as gains in the Technology, Telecoms and Healthcare sectors led shares higher.

At the close in Stockholm, the OMX Stockholm 30 gained 0.92% to hit a new 1-month high.

The best performers of the session on the OMX Stockholm 30 were Telefonaktiebolaget LM Ericsson Class B (ST:ERICb), which rose 18.39% or 10.22 points to trade at 65.78 at the close. Meanwhile, Telia Company AB (ST:TELIA) added 8.63% or 3.28 points to end at 41.30 and Fingerprint Cards AB ser. B (ST:FINGb) was up 2.30% or 0.18 points to 8.23 in late trade.

The worst performers of the session were SSAB AB ser. A (ST:SSABa), which fell 3.26% or 1.70 points to trade at 50.52 at the close. Essity AB B (ST:ESSITYb) declined 2.95% or 6.60 points to end at 217.30 and H & M Hennes & Mauritz AB B (ST:HMb) was down 2.90% or 4.0 points to 132.5.

Rising stocks outnumbered declining ones on the Stockholm Stock Exchange by 317 to 305 and 53 ended unchanged.

Shares in Telefonaktiebolaget LM Ericsson Class B (ST:ERICb) rose to 52-week highs; up 18.39% or 10.22 to 65.78. Shares in Telia Company AB (ST:TELIA) rose to 52-week highs; gaining 8.63% or 3.28 to 41.30.

Crude oil for May delivery was down 0.06% or 0.04 to $68.25 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 0.14% or 0.10 to hit $73.68 a barrel, while the June Gold Futures contract fell 0.59% or 8.00 to trade at $1340.80 a troy ounce.

EUR/SEK was down 0.03% to 10.3765, while USD/SEK rose 0.45% to 8.4454.

The US Dollar Index Futures was up 0.44% at 90.03.

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