Sweden stocks higher at close of trade; OMX Stockholm 30 up 1.32%

Sweden stocks higher at close of trade; OMX Stockholm 30 up 1.32%

May 07, 2018

Investing.com – Sweden stocks were higher after the close on Monday, as gains in the Oil&Gas, Industrials and Consumer Services sectors led shares higher.

At the close in Stockholm, the OMX Stockholm 30 rose 1.32% to hit a new 3-months high.

The best performers of the session on the OMX Stockholm 30 were Getinge AB ser. B (ST:GETIb), which rose 3.64% or 3.1 points to trade at 87.6 at the close. Meanwhile, Swedish Match AB (ST:SWMA) added 3.50% or 13.5 points to end at 398.7 and Fingerprint Cards AB ser. B (ST:FINGb) was up 2.44% or 0.15 points to 6.21 in late trade.

The worst performers of the session were Electrolux, AB ser. B (ST:ELUXb), which fell 0.30% or 0.7 points to trade at 232.8 at the close. Svenska Handelsbanken AB A (ST:SHBa) declined 0.20% or 0.2 points to end at 98.6 and Tele2 AB (ST:TEL2b) was up 0.04% or 0.05 points to 113.90.

Rising stocks outnumbered declining ones on the Stockholm Stock Exchange by 390 to 230 and 53 ended unchanged.

Crude oil for June delivery was up 1.35% or 0.94 to $70.66 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 1.79% or 1.34 to hit $76.21 a barrel, while the June Gold Futures contract fell 0.03% or 0.40 to trade at $1314.30 a troy ounce.

EUR/SEK was down 0.07% to 10.5191, while USD/SEK rose 0.21% to 8.8190.

The US Dollar Index Futures was up 0.15% at 92.56.

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