Sweden stocks higher at close of trade; OMX Stockholm 30 up 0.98%
Sweden's stock market closed higher on Wednesday, driven by gains in the Industrials, Basic Materials, and Telecoms sectors. The OMX Stockholm 30 index rose 0.98% at the close. The top performers were SAAB AB ser. B, up 2.34% to 598.50, ABB Ltd by 2.10% to 934.60, and Industrivarden, AB ser. C, up 1.76% to 531.80. Conversely, H&M Hennes & Mauritz AB B fell 0.27% to 164.50, ASSA ABLOY AB ser.
B declined 0.09% to 343.80, and AstraZeneca PLC dropped 0.06% to 1,593.00. The Stockholm Stock Exchange saw 435 stocks rise to 274 that fell, with 72 remaining unchanged. Crude oil prices for October delivery dropped 3.64% to $101.98 per barrel, while Brent oil for November delivery fell 3.31% to $105.15. Gold Futures for December rose 1.42% to $4,394.30 per troy ounce.
The EUR/SEK exchange rate held steady at 11.28, and the USD/SEK rate was also unchanged at 9.78. Meanwhile, the US Dollar Index Futures increased by 0.07% to 99.41.
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