Sweden Stock Market Update

Investing.com – Sweden stocks were higher after the close on Friday, as gains in the Basic Materials, Telecoms, and Industrials sectors led shares higher.

At the close in Stockholm, the OMX Stockholm 30 rose 0.33%.

Top Performers

The best performers of the session on the OMX Stockholm 30 were:
– Volvo AB ser. B (ST:VOLVb): rose 3.51% or 9.30 points to trade at 274.30
– AB SKF B (ST:SKFb): added 2.62% or 5.10 points to end at 200.00
– Electrolux AB Class B (ST:ELUXb): was up 2.09% or 2.10 points to 102.50

Worst Performers

The worst performers of the session were:
– Getinge AB ser. B (ST:GETIb): fell 5.03% or 10.60 points to trade at 199.20
– Samhallsbyggnadsbolaget i Norden AB (ST:SBBb): declined 1.97% or 0.13 points to end at 6.21
– ABB Ltd (ST:ABB): was down 1.44% or 8.80 points to 602.80

Rising stocks outnumbered declining ones on the Stockholm Stock Exchange by 401 to 323, with 96 unchanged.

Commodities Update

Crude oil for November delivery was down 1.78% or 1.26 to $69.41 a barrel. In commodities trading, Brent oil for December fell 1.71% or 1.27 to $73.18 a barrel, while the December Gold Futures contract rose 0.94% or 25.45 to trade at $2,732.95 a troy ounce.

Currency Update

• EUR/SEK was up 0.20% to 11.44
• USD/SEK unchanged 0.03% to 10.53
• The US Dollar Index Futures was down 0.25% at 103.39