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Sweden stocks higher at close of trade; OMX Stockholm 30 up 1.22%

by January 17, 2025
written by January 17, 2025

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

At the close in Stockholm, the OMX Stockholm 30 gained 1.22% to hit a new 1-month high.

The best performers of the session on the OMX Stockholm 30 were Electrolux AB Class B (ST:ELUXb), which rose 3.45% or 3.40 points to trade at 102.40 at the close. Meanwhile, NIBE Industrier AB ser. B (ST:NIBEb) added 2.99% or 1.20 points to end at 42.30 and Atlas Copco AB Series B (ST:ATCOb) was up 2.77% or 4.50 points to 167.20 in late trade.

The worst performers of the session were SAAB AB ser. B (ST:SAABb), which fell 5.30% or 12.50 points to trade at 223.50 at the close. Evolution AB (ST:EVOG) declined 4.82% or 42.20 points to end at 832.60 and Alfa Laval AB (ST:ALFA) was down 0.42% or 2.00 points to 478.40.

Rising stocks outnumbered declining ones on the Stockholm Stock Exchange by 423 to 333 and 65 ended unchanged.

Crude oil for March delivery was down 0.23% or 0.18 to $77.67 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 0.12% or 0.10 to hit $81.19 a barrel, while the February Gold Futures contract rose 0.15% or 4.21 to trade at $2,755.11 a troy ounce.

EUR/SEK was up 0.15% to 11.50, while USD/SEK rose 0.30% to 11.18.

The US Dollar Index Futures was up 0.29% at 109.13.

This post appeared first on investing.com

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