Investing.com – Sweden equities were higher at the close on Thursday, as gains in the Basic Materials, Industrials and Telecoms sectors propelled shares higher.
At the close in Stockholm, the OMX Stockholm 30 added 0.98% 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 4.05% or 26.4 points to trade at 678.8 at the close. Svenska Cellulosa SCA AB B (ST:SCAb) added 3.39% or 3.1 points to end at 93.3 and AB SKF B (ST:SKFb) was up 3.31% or 5.7 points to 178.2 in late trade.
Biggest losers included Telefonaktiebolaget LM Ericsson Class B (ST:ERICb), which lost 1.32% or 0.96 points to trade at 71.84 in late trade. Securitas AB ser. B (ST:SECUb) declined 0.82% or 1.20 points to end at 145.05 and Swedish Match AB (ST:SWMA) shed 0.16% or 0.8 points to 485.3.
Advancing stocks outnumbered falling ones by 351 to 265 and 65 ended unchanged on the Stockholm Stock Exchange.
In commodities trading, Crude oil for September delivery was up 0.74% or 0.51 to $69.81 a barrel. Meanwhile, Brent oil for delivery in September rose 0.89% or 0.66 to hit $74.59 a barrel, while the August Gold Futures contract fell 0.49% or 6.00 to trade at $1225.80 a troy ounce.
EUR/SEK was down 0.10% to 10.2602, while USD/SEK rose 0.54% to 8.8038.
The US Dollar Index Futures was up 0.53% at 94.48.