Sweden stocks higher at close of trade; OMX Stockholm 30 up 1.57%

Sweden stocks were higher after the close on Monday, as gains in the Industrials, Telecoms and Financials sectors led shares higher.

At the close in Stockholm, the OMX Stockholm 30 rose 1.57%.

The best performers of the session on the OMX Stockholm 30 were Atlas Copco AB Class A (ST:ATCOa), which rose 3.40% or 6.00 points to trade at 182.30 at the close. Meanwhile, Telefonaktiebolaget LM Ericsson Class B (ST:ERICb) added 3.38% or 3.55 points to end at 108.60 and Hexagon AB (ST:HEXAb) was up 3.21% or 3.40 points to 109.45 in late trade.

The worst performers of the session were Lifco AB (ST:LIFCOb), which fell 2.28% or 6.40 points to trade at 274.00 at the close. Tele2 AB Class B (ST:TEL2b) declined 1.60% or 2.55 points to end at 157.30 and Telia Company AB (ST:TELIA) was down 0.83% or 0.40 points to 47.83.

Rising stocks outnumbered declining ones on the Stockholm Stock Exchange by 414 to 318 and 63 ended unchanged.

Shares in Lifco AB (ST:LIFCOb) fell to 52-week lows; falling 2.28% or 6.40 to 274.00. Shares in Hexagon AB (ST:HEXAb) rose to 3-years highs; rising 3.21% or 3.40 to 109.45.

Crude oil for December delivery was down 0.76% or 0.78 to $102.49 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 0.20% or 0.22 to hit $111.48 a barrel, while the December Gold Futures contract rose 0.68% or 27.45 to trade at $4,035.35 a troy ounce.

EUR/SEK was up 0.13% to 11.13, while USD/SEK rose 0.31% to 9.95.

The US Dollar Index Futures was up 0.16% at 101.81.