Sweden shares higher at close of trade; OMX Stockholm 30 up 1.07%

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Sweden shares higher at close of trade; OMX Stockholm 30 up 1.07%
Credit: © Reuters.

Investing.com – Sweden equities were higher at the close on Wednesday, as gains in the Technology , Financials and Consumer Services sectors propelled shares higher.

At the close in Stockholm, the OMX Stockholm 30 added 1.07% to hit a new 1-month high.

The biggest gainers of the session on the OMX Stockholm 30 were Fingerprint Cards AB ser. B (ST: FINGb ), which rose 4.63% or 4.60 points to trade at 103.90 at the close. SSAB AB ser. A (ST: SSABa ) added 3.88% or 0.98 points to end at 26.22 and Investor AB ser. B (ST: INVEb ) was up 3.48% or 9.9 points to 294.7 in late trade.

Biggest losers included Electrolux, AB ser. B (ST: ELUXb ), which lost 5.98% or 14.2 points to trade at 223.3 in late trade. Telia Company AB (ST: TELIA ) declined 4.05% or 1.65 points to end at 39.06 and Lundin Petroleum AB (ST: LUPE ) shed 1.26% or 1.90 points to 148.90.

Advancing stocks outnumbered falling ones by 312 to 195 and 57 ended unchanged on the Stockholm Stock Exchange.

In commodities trading, Crude oil for September delivery was up 1.17% or 0.53 to $45.98 a barrel. Meanwhile, Brent oil for delivery in September rose 1.56% or 0.73 to hit $47.39 a barrel, while the August Gold contract fell 1.00% or 13.35 to trade at $1318.95 a troy ounce.

EUR/SEK was down 0.28% to 9.4658, while USD/SEK fell 0.12% to 8.6017.

The US Dollar Index was up 0.12% at 97.18.

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