Investing.com – Sweden stocks were higher after the close on Monday, as gains in the Basic Materials, Oil & Gas and Industrials sectors led shares higher.
At the close in Stockholm, the OMX Stockholm 30 added 0.60% to hit a new 52-week high.
The best performers of the session on the OMX Stockholm 30 were SSAB AB ser. A (ST:SSABa), which rose 4.61% or 1.77 points to trade at 40.13 at the close. Meanwhile, Boliden AB (ST:BOL) added 3.42% or 9.50 points to end at 286.90 and Kinnevik, Investment AB ser. B (BS:KINVBs) was up 2.25% or 5.2 points to 236.2 in late trade.
The worst performers of the session were Swedish Match AB (ST:SWMA), which fell 1.24% or 3.6 points to trade at 286.1 at the close. Fingerprint Cards AB ser. B (ST:FINGb) declined 0.98% or 0.55 points to end at 55.40 and H & M Hennes & Mauritz AB B (ST:HMb) was down 0.36% or 0.9 points to 246.1.
Rising stocks outnumbered declining ones on the Stockholm Stock Exchange by 416 to 280 and 72 ended unchanged.
Shares in SSAB AB ser. A (ST:SSABa) rose to 52-week highs; gaining 4.61% or 1.77 to 40.13. Shares in Boliden AB (ST:BOL) rose to 5-year highs; rising 3.42% or 9.50 to 286.90. Shares in Kinnevik, Investment AB ser. B (BS:KINVBs) rose to 52-week highs; rising 2.25% or 5.2 to 236.2.
Crude oil for March delivery was down 1.71% or 0.92 to $52.94 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April fell 1.96% or 1.11 to hit $55.59 a barrel, while the April Gold Futures contract fell 0.89% or 11.05 to trade at $1224.85 a troy ounce.
EUR/SEK was down 0.21% to 9.4721, while USD/SEK rose 0.14% to 8.9334.
The US Dollar Index Futures was up 0.25% at 100.97.