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Sweden stocks higher at close of trade; OMX Stockholm 30 up 1.97%

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

At the close in Stockholm, the OMX Stockholm 30 added 1.97% to hit a new 1-month high.

The best performers of the session on the OMX Stockholm 30 were Samhallsbyggnadsbolaget i Norden AB (ST:SBBb), which rose 8.68% or 0.43 points to trade at 5.34 at the close. Meanwhile, Sinch AB (ST:SINCH) added 5.66% or 1.09 points to end at 20.36 and Kinnevik, Investment AB ser. B (ST:KINVb) was up 4.01% or 3.00 points to 78.80 in late trade.

The worst performers of the session were AstraZeneca PLC (ST:AZN), which fell 0.21% or 3.00 points to trade at 1,451.50 at the close. Essity AB B (ST:ESSITYb) added 0.10% or 0.30 points to end at 292.10 and SAAB AB ser. B (ST:SAABb) was up 0.47% or 1.10 points to 233.00.

Rising stocks outnumbered declining ones on the Stockholm Stock Exchange by 522 to 228 and 80 ended unchanged.

Crude oil for March delivery was up 2.29% or 1.75 to $78.12 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 1.88% or 1.50 to hit $81.42 a barrel, while the February Gold Futures contract rose 1.25% or 33.46 to trade at $2,715.76 a troy ounce.

EUR/SEK was down 0.19% to 11.48, while USD/SEK unchanged 0.01% to 11.16.

The US Dollar Index Futures was down 0.12% at 108.98.

This post appeared first on investing.com

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