Investing.com – Sweden equities were higher at the close on Monday, as gains in the Oil & Gas, Basic Materials and Technology sectors propelled shares higher.
At the close in Stockholm, the OMX Stockholm 30 added 0.14% to hit a new 1-month high.
The biggest gainers of the session on the OMX Stockholm 30 were Electrolux AB Class B (ST:ELUXb), which rose 6.21% or 5.40 points to trade at 92.70 at the close. Kinnevik, Investment AB ser. B (ST:KINVb) added 4.17% or 3.20 points to end at 81.00 and Sinch AB (ST:SINCH) was up 3.25% or 0.69 points to 21.89 in late trade.
Biggest losers included SAAB AB ser. B (ST:SAABb), which lost 6.37% or 15.70 points to trade at 230.90 in late trade. Samhallsbyggnadsbolaget i Norden AB (ST:SBBb) declined 3.52% or 0.12 points to end at 3.35 and Tele2 AB (ST:TEL2b) shed 1.63% or 1.90 points to 115.00.
Declining stocks outnumbered rising ones by 440 to 326 and 79 ended unchanged on the Stockholm Stock Exchange.
In commodities trading, Crude oil for January delivery was up 1.98% or 1.33 to $68.53 a barrel. Meanwhile, Brent oil for delivery in February rose 1.70% or 1.21 to hit $72.33 a barrel, while the February Gold Futures contract rose 1.18% or 31.39 to trade at $2,690.99 a troy ounce.
EUR/SEK was down 0.17% to 11.53, while USD/SEK fell 0.24% to 10.91.
The US Dollar Index Futures was down 0.07% at 105.66.