Investing.com – Sweden stocks were higher after the close on Wednesday, as gains in the Basic Materials, Financials and Industrials sectors led shares higher.
At the close in Stockholm, the OMX Stockholm 30 gained 0.58%.
The best performers of the session on the OMX Stockholm 30 were Svenska Handelsbanken AB A (ST:SHBa), which rose 2.11% or 2.6 points to trade at 125.8 at the close. Meanwhile, Boliden AB (ST:BOL) added 1.50% or 3.70 points to end at 250.50 and Sandvik AB (ST:SAND) was up 1.30% or 1.50 points to 117.30 in late trade.
The worst performers of the session were Telefonaktiebolaget LM Ericsson B (ST:ERICb), which fell 0.69% or 0.37 points to trade at 53.23 at the close. Securitas AB ser. B (ST:SECUb) declined 0.50% or 0.70 points to end at 139.40 and Telia Company AB (ST:TELIA) was down 0.43% or 0.16 points to 36.80.
Rising stocks outnumbered declining ones on the Stockholm Stock Exchange by 313 to 265 and 84 ended unchanged.
Shares in Sandvik AB (ST:SAND) rose to 5-year highs; up 1.30% or 1.50 to 117.30.
Crude oil for February delivery was down 0.93% or 0.49 to $51.99 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 0.72% or 0.40 to hit $55.07 a barrel, while the February Gold contract fell 0.00% or 0.05 to trade at $1212.85 a troy ounce.
EUR/SEK was up 0.03% to 9.5211, while USD/SEK rose 0.34% to 8.9154.
The US Dollar Index was up 0.49% at 100.75.