Sweden stocks higher at close of trade; OMX Stockholm 30 up 0.12%

Sweden stocks were higher after the close on Wednesday, as gains in the Basic Materials, Consumer Goods and Telecoms sectors led shares higher.

At the close in Stockholm, the OMX Stockholm 30 added 0.12%.

The best performers of the session on the OMX Stockholm 30 were ABB Ltd (ST:ABB), which rose 2.28% or 4.5 points to trade at 201.7 at the close. Meanwhile, Electrolux, AB ser. B (ST:ELUXb) added 2.26% or 5.0 points to end at 226.5 and Tele2 AB (ST:TEL2b) was up 1.70% or 1.25 points to 74.75 in late trade.

The worst performers of the session were Fingerprint Cards AB ser. B (ST:FINGb), which fell 4.76% or 3.00 points to trade at 60.00 at the close. AstraZeneca PLC (ST:AZN) declined 1.44% or 7.5 points to end at 512.0 and Atlas Copco AB ser. A (ST:ATCOa) was down 1.43% or 4.1 points to 282.5.

Rising stocks outnumbered declining ones on the Stockholm Stock Exchange by 339 to 262 and 66 ended unchanged.

Shares in ABB Ltd (ST:ABB) rose to 5-year highs; gaining 2.28% or 4.5 to 201.7.

Crude oil for February delivery was up 2.85% or 1.45 to $52.27 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 2.85% or 1.53 to hit $55.17 a barrel, while the February Gold contract fell 0.33% or 3.95 to trade at $1181.55 a troy ounce.

EUR/SEK was down 0.31% to 9.5573, while USD/SEK rose 0.40% to 9.1194.

The US Dollar Index was up 0.64% at 102.66.

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Stock Market 11/01/2017 - 05:05