Investing.com – Sweden equities were higher at the close on Monday, as gains in the Oil & Gas, Basic Materials and Financials sectors propelled shares higher.
At the close in Stockholm, the OMX Stockholm 30 gained 2.20% to hit a new 1-month high.
The biggest gainers of the session on the OMX Stockholm 30 were SSAB AB ser. A (ST:SSABa), which rose 12.99% or 2.74 points to trade at 23.84 at the close. Fingerprint Cards AB ser. B (ST:FINGb) added 5.02% or 23.40 points to end at 489.90 and Swedbank AB ser A (ST:SWEDa) was up 4.72% or 7.8 points to 173.1 in late trade.
Biggest losers included Swedish Match AB (ST:SWMA), which lost 0.77% or 2.1 points to trade at 271.7 in late trade. Electrolux, AB ser. B (ST:ELUXb) added 0.10% or 0.2 points to end at 194.0 and Svenska Cellulosa AB SCA ser. B (ST:SCAb) gained 0.59% or 1.5 points to 256.7.
Advancing stocks outnumbered falling ones by 388 to 158 and 38 ended unchanged on the Stockholm Stock Exchange.
In commodities trading, Crude oil for April delivery was up 6.02% or 1.91 to $33.66 a barrel. Meanwhile, Brent oil for delivery in April rose 5.45% or 1.80 to hit $34.81 a barrel, while the April Gold contract fell 1.71% or 21.10 to trade at $1209.70 a troy ounce.
EUR/SEK was down 0.40% to 9.3653, while USD/SEK rose 0.65% to 8.5024.
The US Dollar Index was up 0.88% at 97.47.