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Sweden shares higher at close of trade; OMX Stockholm 30 up 0.71%

Published 08/08/2018, 02:05 am
© Reuters.  Sweden shares higher at close of trade; OMX Stockholm 30 up 0.71%
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Investing.com – Sweden equities were higher at the close on Tuesday, as gains in the Oil & Gas, Healthcare and Basic Materials sectors propelled shares higher.

At the close in Stockholm, the OMX Stockholm 30 added 0.71% to hit a new 1-month high.

The biggest gainers of the session on the OMX Stockholm 30 were AstraZeneca PLC (ST:AZN), which rose 2.26% or 15.4 points to trade at 697.7 at the close. SSAB AB ser. A (ST:SSABa) added 2.23% or 0.94 points to end at 43.02 and Investor AB ser. B (ST:INVEb) was up 2.05% or 7.9 points to 393.5 in late trade.

Biggest losers included Tele2 AB (ST:TEL2b), which lost 0.21% or 0.25 points to trade at 117.60 in late trade. Svenska Cellulosa SCA AB B (ST:SCAb) declined 0.15% or 0.1 points to end at 92.1 and Telia Company AB (ST:TELIA) shed 0.07% or 0.03 points to 43.02.

Advancing stocks outnumbered falling ones by 355 to 276 and 53 ended unchanged on the Stockholm Stock Exchange.

In commodities trading, Crude oil for September delivery was up 0.39% or 0.27 to $69.28 a barrel. Meanwhile, Brent oil for delivery in October rose 0.91% or 0.67 to hit $74.42 a barrel, while the December Gold Futures contract rose 0.23% or 2.80 to trade at $1220.50 a troy ounce.

EUR/SEK was up 0.08% to 10.3355, while USD/SEK fell 0.28% to 8.9137.

The US Dollar Index Futures was down 0.24% at 94.96.

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