Sweden Stock Market Update

Sweden stocks were higher after the close on Monday, with gains in the Oil & Gas, Basic Materials, and Technology sectors driving shares upward.

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

Best Performers

The top performers on the OMX Stockholm 30 were:
– Electrolux AB Class B (ST:ELUXb): +6.21% (+5.40 points) to 92.70
– Kinnevik, Investment AB ser. B (ST:KINVb): +4.17% (+3.20 points) to 81.00
– Sinch AB (ST:SINCH): +3.25% (+0.69 points) to 21.89

Worst Performers

The worst performers of the session included:
– SAAB AB ser. B (ST:SAABb): -6.37% (-15.70 points) to 230.90
– Samhallsbyggnadsbolaget i Norden AB (ST:SBBb): -3.52% (-0.12 points) to 3.35
– Tele2 AB (ST:TEL2b): -1.63% (-1.90 points) to 115.00

Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 440 to 326, with 79 ending unchanged.

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

Commodities Update

• Crude oil for January delivery rose 1.96% (+1.32) to $68.52 a barrel.
• Brent oil for February rose 1.66% (+1.18) to $72.30 a barrel.
• February Gold Futures contract rose 1.17% (+31.21) to $2,690.81 a troy ounce.

Currency Update

• EUR/SEK was down 0.16% to 11.53
• USD/SEK fell 0.24% to 10.91
• The US Dollar Index Futures was down 0.08% at 105.65.