Investing.com – Sweden stocks were higher after the close on Wednesday, as gains in the Telecoms, Basic Materials and Consumer Services sectors led shares higher.
At the close in Stockholm, the OMX Stockholm 30 rose 0.79% to hit a new 52-week high.
The best performers 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. Meanwhile, 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.
The worst performers of the session were AstraZeneca PLC (ST:AZN), which fell 1.83% or 8.7 points to trade at 466.9 at the close. ASSA ABLOY AB ser. B (ST:ASSAb) declined 1.27% or 2.1 points to end at 163.9 and ABB Ltd (ST:ABB) was down 0.68% or 1.3 points to 190.4.
Rising stocks outnumbered declining ones on the Stockholm Stock Exchange by 320 to 297 and 57 ended unchanged.
Shares in SSAB AB ser. A (ST:SSABa) rose to 52-week highs; gaining 3.78% or 1.39 to 38.20.
Crude oil for January delivery was down 1.77% or 0.90 to $50.03 a barrel. Elsewhere in commodities trading, 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 9.7692, while USD/SEK fell 0.49% to 9.0827.
The US Dollar Index was down 0.24% at 100.27.