Sweden's stock market finished the trading day in positive territory on Monday, driven by advances in Telecoms, Healthcare and Financials. The OMX Stockholm 30 index closed up 0.57% in Stockholm.
The top performers on the OMX Stockholm 30 were led by Evolution AB (ST:EVOG). Evolution climbed 6.71%, adding 46.60 points to finish at 741.60 at the close. Svenska Cellulosa SCA AB B (ST:SCAb) rose 3.24%, gaining 3.40 points to end the session at 108.20. H & M Hennes & Mauritz AB B (ST:HMb) increased 3.14%, up 5.20 points to close at 169.30 in late trade.
At the other end of the index, Boliden AB (ST:BOL) was the weakest performer, falling 1.56% or 7.50 points to trade at 473.90 at the close. ABB Ltd (ST:ABB) declined 1.43%, losing 13.60 points to finish at 936.80. Alfa Laval AB (ST:ALFA) slipped 1.25%, down 7.20 points to 567.40.
Market breadth on the Stockholm Stock Exchange favored advancing issues: 434 stocks rose, 281 fell and 81 were unchanged.
Commodities trading during the session showed notable moves. Crude oil for September delivery fell 6.72% or $6.00 to settle at $83.31 a barrel. Brent crude for October delivery dropped 5.58% or $5.12, to $86.56 a barrel. Gold futures for August moved higher, up 0.26% or $10.60, trading at $4,081.40 a troy ounce.
Currency markets involving the Swedish krona registered small gains. The euro was stronger versus the krona, with EUR/SEK up 0.19% at 11.06. The dollar likewise firmed against the krona, with USD/SEK rising 0.11% to 9.72. The US Dollar Index Futures was reported up 0.01% at 101.31.
Below is a concise recap of the session's principal data points:
- OMX Stockholm 30: +0.57% at close
- Top gainer: Evolution AB (ST:EVOG) +6.71% to 741.60
- Other winners: Svenska Cellulosa SCA AB B (ST:SCAb) +3.24% to 108.20; H & M Hennes & Mauritz AB B (ST:HMb) +3.14% to 169.30
- Biggest decliners: Boliden AB (ST:BOL) -1.56% to 473.90; ABB Ltd (ST:ABB) -1.43% to 936.80; Alfa Laval AB (ST:ALFA) -1.25% to 567.40
- Commodities: Crude (Sept) $83.31 (-6.72%); Brent (Oct) $86.56 (-5.58%); Gold (Aug) $4,081.40 (+0.26%)
- Currencies: EUR/SEK 11.06 (+0.19%); USD/SEK 9.72 (+0.11%)
- Market breadth: 434 advancers, 281 decliners, 81 unchanged
The session combined strong individual stock moves with weakness in global oil benchmarks, and modest currency shifts involving the Swedish krona. The facts presented here summarize the price changes and market breadth as reported at the close in Stockholm.