Investing.com – Sweden equities were higher at the close on Monday, as gains in the Basic Materials, Consumer Goods and Consumer Services sectors propelled shares higher.
At the close in Stockholm, the OMX Stockholm 30 rose 0.41% to hit a new 1-month high.
The biggest gainers of the session on the OMX Stockholm 30 were Svenska Cellulosa AB SCA ser. B (ST:SCAb), which rose 2.37% or 6.0 points to trade at 258.8 at the close. SSAB AB ser. A (ST:SSABa) added 2.21% or 0.61 points to end at 28.16 and ASSA ABLOY AB ser. B (ST:ASSAb) was up 1.85% or 3.0 points to 164.9 in late trade.
Biggest losers included Skanska AB ser. B (ST:SKAb), which lost 2.26% or 4.20 points to trade at 182.00 in late trade. ABB Ltd (ST:ABB) declined 0.77% or 1.2 points to end at 154.5 and Swedish Match AB (ST:SWMA) shed 0.62% or 1.7 points to 272.7.
Advancing stocks outnumbered falling ones by 292 to 252 and 52 ended unchanged on the Stockholm Stock Exchange.
In commodities trading, Crude oil for April delivery was down 3.92% or 1.51 to $36.99 a barrel. Meanwhile, Brent oil for delivery in May fell 2.55% or 1.03 to hit $39.36 a barrel, while the April Gold contract fell 1.21% or 15.20 to trade at $1244.20 a troy ounce.
EUR/SEK was down 0.40% to 9.2607, while USD/SEK fell 0.00% to 8.3410.
The US Dollar Index was up 0.35% at 96.56.