Stocks in Sweden ended Tuesday's trading session in positive territory, led by strength in Oil & Gas, Telecoms and Basic Materials names. At the close in Stockholm, the OMX Stockholm 30 climbed 0.56%.
Top gainers and laggards
The leading performer on the OMX Stockholm 30 was NIBE Industrier AB ser. B (ST:NIBEb), which advanced 6.04% - a rise of 2.20 points - to finish at 37.70. Telia Company AB (ST:TELIA) added 2.41% or 1.10 points to close at 46.81. Telefonaktiebolaget LM Ericsson Class B (ST:ERICb) rose 2.14% - up 2.25 points - to end the day at 107.40.
On the downside, Nordea Bank Abp (ST:NDASE) fell 2.27%, a decline of 3.80 points, to trade at 163.35 at the close. Svenska Handelsbanken AB A (ST:SHBa) slipped 0.44% or 0.60 points to finish at 135.15, while Atlas Copco AB Class A (ST:ATCOa) was down 0.40% - a drop of 0.70 points - to 161.10.
Market breadth and participation
Across the Stockholm Stock Exchange, declining issues outnumbered advancing ones, with 372 stocks lower versus 352 that gained. Another 65 shares finished unchanged.
Commodities and currencies
Energy contracts were notably firmer during the session. Crude oil for May delivery rose 5.64% - up $4.97 - to $93.10 a barrel. Brent oil for June delivery increased 4.75% or $4.56, reaching $100.48 a barrel. In precious metals trading, the June Gold Futures contract fell 0.35%, a decline of $15.70, to trade at $4,423.80 a troy ounce.
Currency moves included EUR/SEK trading 0.17% higher at 10.84, while USD/SEK rose 0.61% to 9.38. The US Dollar Index Futures was also firmer, up 0.72% at 99.43.
Outlook notes
The session combined sector-specific strength among energy, telecoms and materials with some weakness in selected financials and industrials. Market breadth showed more decliners than advancers despite the index-level gain.
Summary prepared from official closing data for the Stockholm market, with sector and commodity movements noted for context.