Investing.com – Sweden equities were higher at the close on Monday, as gains in the Oil & Gas, Basic Materials and Industrials sectors propelled shares higher.
At the close in Stockholm, the OMX Stockholm 30 rose 3.11% 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 8.63% or 5.30 points to trade at 66.70 at the close. Atlas Copco AB Class A (ST:ATCOa) added 7.10% or 10.80 points to end at 162.30 and Kinnevik, Investment AB ser. B (ST:KINVb) was up 6.80% or 5.20 points to 81.40 in late trade.
Biggest losers included SAAB AB ser. B (ST:SAABb), which lost 3.59% or 16.20 points to trade at 433.70 in late trade. Telia Company AB (ST:TELIA) declined 2.01% or 0.72 points to end at 35.17 and Tele2 AB (ST:TEL2b) shed 1.46% or 2.05 points to 138.40.
Advancing stocks outnumbered falling ones by 510 to 270 and 63 ended unchanged on the Stockholm Stock Exchange.
In commodities trading, Crude oil for June delivery was up 1.98% or 1.21 to $62.23 a barrel. Meanwhile, Brent oil for delivery in July rose 1.89% or 1.21 to hit $65.12 a barrel, while the June Gold Futures contract fell 3.23% or 107.89 to trade at $3,236.11 a troy ounce.
EUR/SEK was down 0.40% to 10.89, while USD/SEK rose 1.15% to 9.81.
The US Dollar Index Futures was up 1.33% at 101.50.