Swedish stocks finished the trading day slightly higher on Tuesday as gains in the Oil & Gas, Telecoms and Technology sectors helped lift the OMX Stockholm 30 index. At the close in Stockholm the OMX Stockholm 30 recorded a gain of 0.08%.
Among individual large-cap issues, Evolution AB (ST:EVOG) led the index gains, rising 2.51% - a 15.20 point increase - to finish at 619.60. Alfa Laval AB (ST:ALFA) added 2.02%, or 10.40 points, to close at 524.00, while Hexagon AB ser. B (ST:HEXAb) increased 1.96% - up 1.70 points - to end trading at 90.70.
Not all stocks moved higher. Addtech (ST:ADDTb) was the weakest performer on the OMX Stockholm 30, falling 5.24% - a decline of 16.80 points - to close at 303.80. SAAB AB ser. B (ST:SAABb) lost 2.76%, or 17.70 points, finishing at 624.30. H & M Hennes & Mauritz AB B (ST:HMb) declined 1.67%, a drop of 2.90 points, to 171.30.
Market breadth in Stockholm was negative on the session: falling stocks outnumbered advancing ones by 425 to 344, while 47 issues ended unchanged.
Commodities and currency moves were mixed after the close. Crude oil for May delivery advanced 2.07%, or $2.33, to trade at $114.74 a barrel. In contrast, Brent oil for June delivery slipped 0.39%, or $0.43, to $109.34 a barrel. The June Gold Futures contract moved down 0.04%, a decline of $1.75, to $4,682.95 a troy ounce.
Currency pairs involving the Swedish krona showed notable moves. The euro appreciated versus the krona - EUR/SEK rose 1.11% to 11.02 - and the dollar also strengthened against the krona, with USD/SEK up 0.84% at 9.52. The US Dollar Index Futures was trading lower by 0.08% at 99.72.
The trading session combined modest index gains with a larger number of declining issues, while commodities and FX markets showed divergent directions by contract and currency pair.