Investing.com – Sweden equities were lower at the close on Monday, as losses in the Financials, Oil & Gas and Basic Materials sectors propelled shares lower.
At the close in Stockholm, the OMX Stockholm 30 lost 0.81% to hit a new 1-month low.
The biggest gainers of the session on the OMX Stockholm 30 were Atlas Copco AB ser. B (ST:ATCOb), which rose 1.44% or 3.6 points to trade at 253.6 at the close. Atlas Copco AB ser. A (ST:ATCOa) added 1.43% or 4.0 points to end at 283.2 and Volvo, AB ser. B (ST:VOLVb) was up 1.16% or 1.25 points to 108.75 in late trade.
Biggest losers included Swedbank AB ser A (ST:SWEDa), which lost 3.67% or 8.2 points to trade at 215.1 in late trade. Nordea Bank AB (ST:NDA) declined 3.30% or 3.40 points to end at 99.60 and Svenska Handelsbanken AB A (ST:SHBa) shed 3.30% or 4.2 points to 123.1.
Declining stocks outnumbered rising ones by 381 to 227 and 66 ended unchanged on the Stockholm Stock Exchange.
In commodities trading, Crude oil for February delivery was down 3.09% or 1.67 to $52.32 a barrel. Meanwhile, Brent oil for delivery in March fell 3.03% or 1.73 to hit $55.37 a barrel, while the February Gold contract rose 0.85% or 9.95 to trade at $1183.35 a troy ounce.
EUR/SEK was up 0.15% to 9.5663, while USD/SEK fell 0.16% to 9.0492.
The US Dollar Index was down 0.22% at 101.95.