Investing.com – Sweden equities were higher at the close on Monday, as gains in the Basic Materials, Oil & Gas and Industrials sectors propelled shares higher.
At the close in Stockholm, the OMX Stockholm 30 rose 0.60% to hit a new 52-week high.
The biggest gainers of the session on the OMX Stockholm 30 were SSAB AB ser. A (ST:SSABa), which rose 4.61% or 1.77 points to trade at 40.13 at the close. Boliden AB (ST:BOL) added 3.42% or 9.50 points to end at 286.90 and Kinnevik, Investment AB ser. B (BS:KINVBs) was up 2.25% or 5.2 points to 236.2 in late trade.
Biggest losers included Swedish Match AB (ST:SWMA), which lost 1.24% or 3.6 points to trade at 286.1 in late trade. Fingerprint Cards AB ser. B (ST:FINGb) declined 0.98% or 0.55 points to end at 55.40 and H & M Hennes & Mauritz AB B (ST:HMb) shed 0.36% or 0.9 points to 246.1.
Advancing stocks outnumbered falling ones by 416 to 280 and 72 ended unchanged on the Stockholm Stock Exchange.
In commodities trading, Crude oil for March delivery was down 1.71% or 0.92 to $52.94 a barrel. Meanwhile, Brent oil for delivery in April fell 1.96% or 1.11 to hit $55.59 a barrel, while the April Gold Futures contract fell 0.89% or 10.95 to trade at $1224.95 a troy ounce.
EUR/SEK was down 0.22% to 9.4719, while USD/SEK rose 0.14% to 8.9335.
The US Dollar Index Futures was up 0.25% at 100.97.