Stockholm shares rise as oil price falls after peace talk reports

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Stockholm shares rise as oil price falls after peace talk reports
Photo: Pontus Lundahl/TT

The oil price fell, dragging long-term market interest rates down after The New York Times, citing documents from the US State Department, reported plans for peace talks.

At the close, a barrel of North Sea oil cost about $89 - down from just under $94 on Monday.

On the list of the most traded stocks, pharmaceutical giant AstraZeneca topped the list, up 2.6 percent. Engineering companies Sandvik and Alfa Laval rose 2.0 and 1.6 percent, respectively. Automation group ABB also recovered after losing ground on Monday, rising 1.5 percent.

Only four of the stocks on the heavyweight OMXS30 list fell. Defense group Saab was at the bottom, down 0.6 percent.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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