Sweden stocks higher at close of trade; OMX Stockholm 30 up 0.49%

Sweden stocks higher at close of trade; OMX Stockholm 30 up 0.49%

May 09, 2018

Investing.com – Sweden stocks were higher after the close on Wednesday, as gains in the Oil&Gas, Financials and Technology sectors led shares higher.

At the close in Stockholm, the OMX Stockholm 30 added 0.49% to hit a new 3-months high.

The best performers of the session on the OMX Stockholm 30 were Swedbank AB ser A (ST:SWEDa), which rose 2.84% or 5.4 points to trade at 195.7 at the close. Meanwhile, Nordea Bank AB (ST:NDA) added 2.12% or 1.88 points to end at 90.64 and Skandinaviska Enskilda Banken AB A (ST:SEBa) was up 1.94% or 1.64 points to 86.14 in late trade.

The worst performers of the session were Skanska AB ser. B (ST:SKAb), which fell 3.92% or 6.80 points to trade at 166.45 at the close. H&M Hennes&Mauritz AB B (ST:HMb) declined 2.91% or 4.4 points to end at 145.2 and Investor AB ser. B (ST:INVEb) was down 1.96% or 7.7 points to 386.0.

Rising stocks outnumbered declining ones on the Stockholm Stock Exchange by 332 to 276 and 71 ended unchanged.

Crude oil for June delivery was up 2.88% or 1.99 to $71.05 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 2.83% or 2.12 to hit $76.97 a barrel, while the June Gold Futures contract unchanged 0.00% or 0.00 to trade at $1313.70 a troy ounce.

EUR/SEK was down 1.32% to 10.3244, while USD/SEK fell 1.23% to 8.7091.

The US Dollar Index Futures was down 0.02% at 92.92.

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