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Sweden stocks higher; OMX 30 up 0.53%

Sweden stocks closed higher with OMX Stockholm 30 up 0.53%. Telecoms, financials, and oil & gas sectors led gains. Ericsson hit 5-year highs.

Samuel Nguyen
BySamuel Nguyen- Senior Editor
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Sweden stocks were higher after the close on Thursday, as gains in Telecoms, Financials, and Oil & Gas sectors led shares higher.

At the close in Stockholm, the OMX Stockholm 30 added 0.53%.

Top performers: Telefonaktiebolaget LM Ericsson Class B (ERICb) rose 2.58% to 123.30. Boliden AB (BOL) gained 1.88% to 532.00. Swedbank AB ser A (SWEDa) added 1.64% to 341.60.

Worst performers: Hexagon AB ser. B (HEXAb) fell 8.04% to 82.80. Evolution AB (EVOG) declined 2.46% to 697.00. Tele2 AB (TEL2b) was down 0.72% to 184.95.

Rising stocks outnumbered declining ones on the Stockholm Stock Exchange by 374 to 355, with 76 unchanged.

Telefonaktiebolaget LM Ericsson Class B shares hit 5-year highs. Hexagon AB ser. B shares fell to 5-year lows.

Crude oil for July delivery rose 2.31% to $100.53 a barrel. Brent oil increased 1.77% to $106.88. Gold futures fell 0.91% to $4,516.40 per troy ounce.

EUR/SEK rose 0.20% to 10.87. USD/SEK gained 0.52% to 9.38.

The US Dollar Index Futures was up 0.26% at 99.36.

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Sweden stocks higher; OMX 30 up 0.53% | Bond.az