Sweden Stocks Higher at Close of Trade; OMX Stockholm 30 Up 1.21%

Sweden’s stock market saw gains on Thursday, driven by positive performances in various sectors. The main index in Stockholm closed up by 1.21%, reaching a new all-time high.

Among the day’s top performers was Boliden AB, which increased by 5.03 points to close at 342.60. Sandvik AB followed with a rise of 3.94 points, ending the day at 226.70, while Hexagon AB series B climbed 3.75 points to finish at 107.90.

On the downside, Hennes & Mauritz AB B experienced the largest decline, dropping 4.60 points to close at 173.00. Samhallsbyggnadsbolaget i Norden AB saw a decrease of 4.58 points to finish at 7.72, and Tele2 AB fell by 2.19 points to 116.00.

Overall, advancing stocks outnumbered those that declined on the Stockholm Stock Exchange, with 462 shares rising, 319 falling, and 82 remaining unchanged.

In commodities, crude oil for November delivery fell by 2.38% to $68.03 per barrel. Brent oil for December delivery also decreased, down by 2.07% to $71.39 per barrel. Conversely, December gold futures edged up slightly, rising 0.05% to trade at $2,686.10 per troy ounce.

In currency markets, the EUR/SEK fell by 0.13% to 11.30, while the USD/SEK declined by 0.48% to 10.12. The US Dollar Index Futures also dipped, down 0.29% to 100.34.