Sweden stocks higher at close of trade; OMX Stockholm 30 up 0.41%

Sweden stocks were higher after the close on Friday, as gains in the Oil & Gas, Telecoms and Basic Materials sectors led shares higher.

At the close in Stockholm, the OMX Stockholm 30 gained 0.41%.

The best performers of the session on the OMX Stockholm 30 were Hexagon AB (ST:HEXAb), which rose 3.92% or 4.00 points to trade at 106.05 at the close. Meanwhile, Evolution AB (ST:EVOG) added 3.62% or 29.40 points to end at 841.40 and Telefonaktiebolaget LM Ericsson Class B (ST:ERICb) was up 3.14% or 3.20 points to 105.05 in late trade.

The worst performers of the session were Lifco AB (ST:LIFCOb), which fell 12.05% or 38.40 points to trade at 280.40 at the close. Addtech (ST:ADDTb) declined 2.66% or 8.20 points to end at 300.20 and AstraZeneca PLC (ST:AZN) was down 1.23% or 21.00 points to 1,692.50.

Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 368 to 356 and 71 ended unchanged.

Shares in Hexagon AB (ST:HEXAb) rose to 52-week highs; rising 3.92% or 4.00 to 106.05.

Crude oil for December delivery was up 3.39% or 3.37 to $102.84 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 3.38% or 3.82 to hit $116.99 a barrel, while the December Gold Futures contract fell 1.01% or 41.15 to trade at $4,019.25 a troy ounce.

EUR/SEK was up 0.09% to 11.12, while USD/SEK rose 0.23% to 9.93.

The US Dollar Index Futures was up 0.17% at 101.61.