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Sweden stocks higher at close of trade; OMX Stockholm 30 up 0.98%

Published 07/26/2018, 12:05 PM
© Reuters.  Sweden stocks higher at close of trade; OMX Stockholm 30 up 0.98%
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Investing.com – Sweden stocks were higher after the close on Thursday, as gains in the Basic Materials, Industrials and Telecoms sectors led shares higher.

At the close in Stockholm, the OMX Stockholm 30 added 0.98% to hit a new 1-month high.

The best performers of the session on the OMX Stockholm 30 were AstraZeneca PLC (ST:AZN), which rose 4.05% or 26.4 points to trade at 678.8 at the close. Meanwhile, Svenska Cellulosa SCA AB B (ST:SCAb) added 3.39% or 3.1 points to end at 93.3 and AB SKF B (ST:SKFb) was up 3.31% or 5.7 points to 178.2 in late trade.

The worst performers of the session were Telefonaktiebolaget LM Ericsson Class B (ST:ERICb), which fell 1.32% or 0.96 points to trade at 71.84 at the close. Securitas AB ser. B (ST:SECUb) declined 0.82% or 1.20 points to end at 145.05 and Swedish Match AB (ST:SWMA) was down 0.16% or 0.8 points to 485.3.

Rising stocks outnumbered declining ones on the Stockholm Stock Exchange by 351 to 265 and 65 ended unchanged.

Shares in AstraZeneca PLC (ST:AZN) rose to all time highs; up 4.05% or 26.4 to 678.8.

Crude oil for September delivery was up 0.74% or 0.51 to $69.81 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 0.89% or 0.66 to hit $74.59 a barrel, while the August Gold Futures contract fell 0.50% or 6.10 to trade at $1225.70 a troy ounce.

EUR/SEK was down 0.10% to 10.2602, while USD/SEK rose 0.54% to 8.8037.

The US Dollar Index Futures was up 0.52% at 94.47.

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