Sweden Stocks Rise After Close

Investing.com – Sweden stocks were higher after the close on Thursday, as gains in the Basic Materials, Industrials, and Financials sectors led shares higher.

At the close in Stockholm, the OMX Stockholm 30 added 1.21% to hit a new all-time high.

Best Performers

The best performers of the session on the OMX Stockholm 30 were:
– Boliden AB (ST:BOL): rose 5.03% or 16.40 points to trade at 342.60 at the close.
– Sandvik AB (ST:SAND): added 3.94% or 8.60 points to end at 226.70.
– Hexagon AB ser. B (ST:HEXAb): up 3.75% or 3.90 points to 107.90 in late trade.

Worst Performers

The worst performers of the session were:
– H & M Hennes & Mauritz AB B (ST:HMb): fell 4.60% or 8.40 points to trade at 173.00 at the close.
– Samhallsbyggnadsbolaget i Norden AB (ST:SBBb): declined 4.58% or 0.37 points to end at 7.72.
– Tele2 AB (ST:TEL2b): down 2.19% or 2.60 points to 116.00.

Market Overview

Rising stocks outnumbered declining ones on the Stockholm Stock Exchange by 462 to 319 and 82 ended unchanged.

Commodities Update

Crude oil for November delivery was down 2.38% or 1.66 to $68.03 a barrel. Elsewhere in commodities trading:
– Brent oil for delivery in December fell 2.07% or 1.51 to hit $71.39 a barrel.
– December Gold Futures contract rose 0.05% or 1.40 to trade at $2,686.10 a troy ounce.

Currency Exchange Rates

• EUR/SEK was down 0.13% to 11.30, while USD/SEK fell 0.48% to 10.12.
• The US Dollar Index Futures was down 0.29% at 100.34.