Stocks in Sweden closed lower on Monday, pressured by losses across the Industrials, Financials and Basic Materials sectors. At the close in Stockholm, the benchmark OMX Stockholm 30 fell 0.91%.
The session's top performers on the OMX Stockholm 30 included Telefonaktiebolaget LM Ericsson Class B (ST:ERICb), which advanced 2.51% or 2.65 points to finish at 108.35. NIBE Industrier AB ser. B (ST:NIBEb) added 2.21% or 0.90 points to close at 42.50, while Telia Company AB (ST:TELIA) rose 1.36% or 0.63 points to end the day at 46.89.
On the downside, Evolution AB (ST:EVOG) registered the steepest decline among large caps, dropping 2.45% or 16.00 points to 636.80 at the close. EQT AB (ST:EQTAB) fell 2.17% or 7.10 points to 320.10, and Addtech (ST:ADDTb) lost 2.02% or 7.20 points to finish at 349.00.
Market breadth favored decliners. Falling stocks outnumbered advancing ones on the Stockholm Stock Exchange by 465 to 286, and 48 issues finished unchanged.
Commodity markets displayed notable moves during the session. Crude oil for June delivery rose 5.87% or 4.85 to trade at $87.44 a barrel, while Brent oil for June delivery climbed 5.51% or 4.98 to $95.36 a barrel. By contrast, the June Gold Futures contract dipped 1.25% or 61.04 to $4,818.56 a troy ounce.
Currency markets saw the Swedish krona strengthen slightly versus major currencies. EUR/SEK traded down 0.18% to 10.75, and USD/SEK was lower by 0.37% at 9.12. The US Dollar Index Futures moved down 0.05% to 97.85 during the same period.
Summary of key market statistics from the session:
- OMX Stockholm 30: -0.91% at close
- Top gainers: ST:ERICb (+2.51%), ST:NIBEb (+2.21%), ST:TELIA (+1.36%)
- Top losers: ST:EVOG (-2.45%), ST:EQTAB (-2.17%), ST:ADDTb (-2.02%)
- Market breadth: 465 decliners, 286 advancers, 48 unchanged
- Commodities: Crude (Jun) $87.44 (+5.87%), Brent (Jun) $95.36 (+5.51%), Gold (Jun) $4,818.56 (-1.25%)
- FX: EUR/SEK 10.75 (-0.18%), USD/SEK 9.12 (-0.37%), DXY Futures 97.85 (-0.05%)
These figures reflect trading through the close in Stockholm on Monday and capture the day's price moves across equities, commodities and major currency pairs.