Sweden stocks higher at close of trade; OMX Stockholm 30 up 3.11%

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

At the close in Stockholm, the OMX Stockholm 30 rose 3.11% 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 8.63% or 5.30 points to trade at 66.70 at the close. Meanwhile, 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.

The worst performers of the session were SAAB AB ser. B (ST: SAABb ), which fell 3.59% or 16.20 points to trade at 433.70 at the close. Telia Company AB (ST: TELIA ) declined 2.01% or 0.72 points to end at 35.17 and Tele2 AB (ST: TEL2b ) was down 1.46% or 2.05 points to 138.40.

Rising stocks outnumbered declining ones on the Stockholm Stock Exchange by 510 to 270 and 63 ended unchanged.

Crude oil for June delivery was up 2.00% or 1.22 to $62.24 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 1.91% or 1.22 to hit $65.13 a barrel, while the June Gold Futures contract fell 3.19% or 106.64 to trade at $3,237.36 a troy ounce.

EUR/SEK was down 0.40% to 10.89, while USD/SEK rose 1.13% to 9.80.

The US Dollar Index Futures was up 1.31% at 101.49.