Sweden Stock Market Update

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

At the close in Stockholm, the OMX Stockholm 30 added 0.31%.

Best Performers

The best performers of the session on the OMX Stockholm 30 were:
– NIBE Industrier AB ser. B (ST:NIBEb): rose 3.13% or 1.60 points to trade at 52.10 at the close.
– Boliden AB (ST:BOL): added 1.32% or 4.10 points to end at 314.90.
– Telefonaktiebolaget LM Ericsson Class B (ST:ERICb): was up 1.17% or 0.88 points to 76.00 in late trade.

Worst Performers

The worst performers of the session were:
– Svenska Cellulosa SCA AB B (ST:SCAb): fell 0.76% or 1.10 points to trade at 137.10.
– SAAB AB ser. B (ST:SAABb): declined 0.55% or 1.30 points to end at 235.10.
– Atlas Copco AB Class A (ST:ATCOa): down 0.43% or 0.80 points to 184.40.

Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 393 to 368, and 92 ended unchanged.

Shares in Telefonaktiebolaget LM Ericsson Class B (ST:ERICb) rose to 52-week highs, gaining 1.17% or 0.88 to 76.00.

Commodities Update

Crude oil for October delivery was up 2.87% or 2.15 to $76.98 a barrel.
Elsewhere in commodities trading:
– Brent oil for delivery in November rose 2.30% or 1.80 to hit $79.95 a barrel.
– December Gold Futures contract rose 0.17% or 4.30 to trade at $2,550.60 a troy ounce.

Currency Update

• EUR/SEK was up 0.28% to 11.40.
• USD/SEK rose 0.46% to 10.21.

The US Dollar Index Futures was up 0.15% at 100.75.