Sweden Stocks Finish Higher; OMX Stockholm 30 Up 0.24%

Swedish equities closed higher on Monday, driven by gains in the telecommunications, industrial and technology sectors, according to Investing.com.

The OMX Stockholm 30 index finished the trading day in Stockholm up 0.24%.

Among the best performers on the OMX Stockholm 30, ABB Ltd (ST:ABB) climbed 2.12% or 19.40 points to close at 935.40. Atlas Copco AB Class A (ST:ATCOa) added 1.93% or 3.90 points to end at 205.70, while Evolution AB (ST:EVOG) rose 1.61% or 13.60 points to 859.60 in late trading.

On the downside, EQT AB (ST:EQTAB) was the session's worst performer, falling 2.25% or 7.20 points to trade at 312.10 at the close. Essity AB B (ST:ESSITYb) declined 1.36% or 3.70 points to end at 268.50, and H & M Hennes & Mauritz AB B (ST:HMb) dropped 1.23% or 2.20 points to settle at 173.40.

On the Stockholm Stock Exchange, falling stocks outnumbered advancing ones by 414 to 318, while 73 ended the day unchanged.

Evolution AB (ST:EVOG) shares rose to a 52-week high, gaining 1.61% or 13.60 points to reach 859.60.

In commodity trading, crude oil for October delivery was up 1.68% or $1.54 to $93.02 per barrel. Brent oil for November delivery climbed 1.38% or $1.33 to $97.61 a barrel, while December gold futures gave back 0.36% or $16.24 to trade at $4,460.36 per troy ounce.

In currency markets, EUR/SEK advanced 0.42% to 11.15, while USD/SEK rose 0.30% to 9.59.

The US Dollar Index futures was down 0.28% at 98.87.