Investing.com – Sweden equities were higher at the close on Monday, as gains in the Oil & Gas, Basic Materials and Industrials sectors propelled shares higher.
At the close in Stockholm, the OMX Stockholm 30 added 0.14% to hit a new 6-month high.
The biggest gainers of the session on the OMX Stockholm 30 were Lundin Petroleum AB (ST:LUPE), which rose 2.34% or 3.70 points to trade at 161.50 at the close. Fingerprint Cards AB ser. B (ST:FINGb) added 1.86% or 1.50 points to end at 82.05 and SSAB AB ser. A (ST:SSABa) was up 1.78% or 0.60 points to 34.28 in late trade.
Biggest losers included Investor AB ser. B (ST:INVEb), which lost 0.90% or 2.8 points to trade at 307.7 in late trade. Nokia Oyj (ST:NOKIA) declined 0.83% or 0.32 points to end at 38.06 and Tele2 AB (ST:TEL2b) shed 0.64% or 0.45 points to 70.20.
Declining stocks outnumbered rising ones by 352 to 252 and 62 ended unchanged on the Stockholm Stock Exchange.
In commodities trading, Crude oil for January delivery was up 3.80% or 1.76 to $48.12 a barrel. Meanwhile, Brent oil for delivery in January rose 3.78% or 1.77 to hit $48.63 a barrel, while the December Gold contract rose 0.29% or 3.45 to trade at $1212.15 a troy ounce.
EUR/SEK was down 0.50% to 9.7964, while USD/SEK fell 0.32% to 9.2391.
The US Dollar Index was down 0.27% at 101.14.