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Sweden stocks higher at close of trade; OMX Stockholm 30 up 1.00%

Published 12/03/2024, 12:00 PM
Updated 12/03/2024, 12:10 PM
© Reuters Sweden stocks higher at close of trade; OMX Stockholm 30 up 1.00%
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Investing.com – Sweden stocks were higher after the close on Tuesday, as gains in the Industrials, Oil & Gas and Basic Materials sectors led shares higher.

At the close in Stockholm, the OMX Stockholm 30 gained 1.00%.

The best performers of the session on the OMX Stockholm 30 were Boliden AB (ST:BOL), which rose 3.59% or 11.80 points to trade at 340.10 at the close. Meanwhile, H & M Hennes & Mauritz AB B (ST:HMb) added 3.19% or 4.90 points to end at 158.50 and AstraZeneca PLC (ST:AZN) was up 2.38% or 35.00 points to 1,507.50 in late trade.

The worst performers of the session were Sinch AB (ST:SINCH), which fell 3.08% or 0.62 points to trade at 19.54 at the close. Samhallsbyggnadsbolaget i Norden AB (ST:SBBb) declined 2.67% or 0.10 points to end at 3.64 and Getinge AB ser. B (ST:GETIb) was down 2.27% or 3.90 points to 168.20.

Rising stocks outnumbered declining ones on the Stockholm Stock Exchange by 391 to 380 and 71 ended unchanged.

Shares in Sinch AB (ST:SINCH) fell to 52-week lows; down 3.08% or 0.62 to 19.54.

Crude oil for January delivery was up 3.04% or 2.07 to $70.17 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 2.74% or 1.97 to hit $73.80 a barrel, while the February Gold Futures contract rose 0.42% or 11.29 to trade at $2,669.79 a troy ounce.

EUR/SEK was up 0.33% to 11.57, while USD/SEK rose 0.12% to 11.00.

The US Dollar Index Futures was down 0.18% at 106.23.

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