Sweden stocks higher at close of trade; OMX Stockholm 30 up 0.14%

Investing.com – Sweden stocks were higher after the close on Monday, as gains in the Oil & Gas , Basic Materials and Technology sectors led shares higher.

At the close in Stockholm, the OMX Stockholm 30 rose 0.14% to hit a new 1-month high.

The best performers 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. Meanwhile, 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.

The worst performers of the session were SAAB AB ser. B (ST:SAABb ), which fell 6.37% or 15.70 points to trade at 230.90 at the close. Samhallsbyggnadsbolaget i Norden AB (ST:SBBb ) declined 3.52% or 0.12 points to end at 3.35 and Tele2 AB (ST:TEL2b ) was down 1.63% or 1.90 points to 115.00.

Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 440 to 326 and 79 ended unchanged.

Shares in Samhallsbyggnadsbolaget i Norden AB (ST:SBBb ) fell to 52-week lows; losing 3.52% or 0.12 to 3.35.

Crude oil for January delivery was up 1.96% or 1.32 to $68.52 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 1.66% or 1.18 to hit $72.30 a barrel, while the February Gold Futures contract rose 1.17% or 31.21 to trade at $2,690.81 a troy ounce.

EUR/SEK was down 0.16% to 11.53, while USD/SEK fell 0.24% to 10.91.

The US Dollar Index Futures was down 0.08% at 105.65.

Source: Investing.com

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