Investing.com – Sweden stocks were higher after the close on Friday, as gains in the Technology, Financials and Industrials sectors led shares higher.
At the close in Stockholm, the OMX Stockholm 30 rose 3.71%.
The best performers of the session on the OMX Stockholm 30 were Telefonaktiebolaget L M Ericsson B (ST:ERICb), which rose 6.72% or 5.05 points to trade at 80.15 at the close. Meanwhile, Sandvik AB (ST:SAND) added 6.59% or 4.40 points to end at 71.20 and Fingerprint Cards AB ser. B (ST:FINGb) was up 5.36% or 21.80 points to 428.50 in late trade.
The worst performers of the session were Electrolux, AB ser. B (ST:ELUXb), which fell 1.59% or 2.9 points to trade at 180.0 at the close. Boliden AB (ST:BOL) added 0.61% or 0.70 points to end at 114.90 and Lundin Petroleum AB (ST:LUPE) was up 0.72% or 0.80 points to 112.30.
Rising stocks outnumbered declining ones on the Stockholm Stock Exchange by 485 to 97 and 6 ended unchanged.
Crude oil for March delivery was up 7.08% or 2.09 to $31.62 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 7.50% or 2.19 to hit $31.45 a barrel, while the February Gold contract rose 0.05% or 0.60 to trade at $1098.80 a troy ounce.
EUR/SEK was down 0.33% to 9.2777, while USD/SEK rose 0.24% to 8.5799.
The US Dollar Index was up 0.29% at 99.43.