Investing.com – Sweden equities were higher at the close on Wednesday, as gains in the Basic Materials, Industrials and Financials sectors propelled shares higher.
At the close in Stockholm, the OMX Stockholm 30 added 1.35% to hit a new 52-week high.
The biggest gainers of the session on the OMX Stockholm 30 were SSAB AB ser. A (ST:SSABa), which rose 4.53% or 1.62 points to trade at 37.35 at the close. AB SKF B (ST:SKFb) added 2.85% or 4.9 points to end at 176.8 and Atlas Copco AB ser. A (ST:ATCOa) was up 2.84% or 8.4 points to 304.0 in late trade.
Biggest losers included Fingerprint Cards AB ser. B (ST:FINGb), which lost 2.08% or 1.04 points to trade at 48.86 in late trade. Kinnevik, Investment AB ser. B (BS:KINVBs) declined 0.49% or 1.2 points to end at 243.3 and AstraZeneca PLC (ST:AZN) shed 0.28% or 1.5 points to 527.0.
Advancing stocks outnumbered falling ones by 422 to 264 and 74 ended unchanged on the Stockholm Stock Exchange.
In commodities trading, Crude oil for April delivery was down 0.19% or 0.10 to $53.91 a barrel. Meanwhile, Brent oil for delivery in May fell 0.11% or 0.06 to hit $56.45 a barrel, while the April Gold Futures contract fell 0.62% or 7.75 to trade at $1246.15 a troy ounce.
EUR/SEK was down 0.17% to 9.5411, while USD/SEK fell 0.07% to 9.0310.
The US Dollar Index Futures was up 0.27% at 101.60.