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Sweden stocks higher at close of trade; OMX Stockholm 30 up 0.83%

Sweden stocks higher at close of trade; OMX Stockholm 30 up 0.83%

Sweden's stock market closed higher on Tuesday, boosted by gains in the Healthcare, Telecoms and Industrials sectors. The OMX Stockholm 30 index rose 0.83% during the session. AstraZeneca PLC led the gainers with a 2.61% increase, ending the day at 1,609.00. Sandvik AB and Alfa Laval AB also performed well, with a 1.99% and 1.59% rise respectively.

SAAB AB ser. B, Svenska Cellulosa SCA AB B, and Essity AB B were among the weakest performers. More stocks rose than fell on the Stockholm Stock Exchange, with 70 ending unchanged. Oil prices declined, with October crude down 3.34% to $82.17 a barrel. Brent oil for November delivery fell 3.41% to $87.45 a barrel, while December Gold Futures rose 0.13% to $4,703.96 per troy ounce.

The EUR/SEK rate decreased 0.14% to 11.05, and USD/SEK fell 0.22% to 9.47. The US Dollar Index Futures also dipped 0.05% to 98.88.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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