Sweden stocks higher at close of trade; OMX Stockholm 30 up 1.21%

Sweden stocks higher at close of trade; OMX Stockholm 30 up 1.21%

Jul 01, 2019

Sweden stocks were higher after the close on Monday, as gains in the Oil&Gas, Basic Materials and Industrials sectors led shares higher.

At the close in Stockholm, the OMX Stockholm 30 rose 1.21% to hit a new 1-month high.

The best performers of the session on the OMX Stockholm 30 were Swedish Match AB (ST:SWMA), which rose 2.81% or 11.0 points to trade at 403.0 at the close. Meanwhile, Swedbank AB ser A (ST:SWEDa) added 2.37% or 3.3 points to end at 142.8 and Telia Company AB (ST:TELIA) was up 2.35% or 0.97 points to 42.21 in late trade.

The worst performers of the session were SSAB AB ser. A (ST:SSABa), which fell 0.43% or 0.14 points to trade at 32.23 at the close. Tele2 AB (ST:TEL2b) declined 0.30% or 0.40 points to end at 135.10 and Electrolux, AB ser. B (ST:ELUXb) was down 0.08% or 0.2 points to 237.1.

Rising stocks outnumbered declining ones on the Stockholm Stock Exchange by 403 to 240 and 54 ended unchanged.

Crude oil for August delivery was down 0.03% or 0.02 to $58.45 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 0.65% or 0.42 to hit $64.32 a barrel, while the August Gold Futures contract fell 1.74% or 24.55 to trade at $1389.15 a troy ounce.

EUR/SEK was up 0.09% to 10.5636, while USD/SEK rose 0.85% to 9.3600.

The US Dollar Index Futures was up 0.76% at 96.395.

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