Investing.com – Sweden equities were higher at the close on Wednesday, as gains in the Telecoms, Basic Materials and Consumer Services sectors propelled shares higher.
At the close in Stockholm, the OMX Stockholm 30 rose 0.79% to hit a new 52-week high.
The biggest gainers of the session on the OMX Stockholm 30 were SSAB AB ser. A (ST:SSABa), which rose 3.78% or 1.39 points to trade at 38.20 at the close. Telia Company AB (ST:TELIA) added 3.31% or 1.14 points to end at 35.53 and Fingerprint Cards AB ser. B (ST:FINGb) was up 2.45% or 1.80 points to 75.25 in late trade.
Biggest losers included AstraZeneca PLC (ST:AZN), which lost 1.83% or 8.7 points to trade at 466.9 in late trade. ASSA ABLOY AB ser. B (ST:ASSAb) declined 1.27% or 2.1 points to end at 163.9 and ABB Ltd (ST:ABB) shed 0.68% or 1.3 points to 190.4.
Advancing stocks outnumbered falling ones by 320 to 297 and 57 ended unchanged on the Stockholm Stock Exchange.
In commodities trading, Crude oil for January delivery was down 1.77% or 0.90 to $50.03 a barrel. Meanwhile, Brent oil for delivery in February fell 1.37% or 0.74 to hit $53.19 a barrel, while the February Gold contract rose 0.75% or 8.75 to trade at $1178.85 a troy ounce.
EUR/SEK was down 0.13% to 9.7689, while USD/SEK fell 0.49% to 9.0823.
The US Dollar Index was down 0.24% at 100.27.