Swedish equities closed the trading day higher on Tuesday, with the OMX Stockholm 30 registering a 3.00% gain at the close in Stockholm. Strength across the Basic Materials, Industrials and Financials sectors underpinned the advance.
On the OMX Stockholm 30, Sandvik AB (ST:SAND) was the session's strongest performer, climbing 6.28% - a gain of 22.50 points - to finish at 380.50. Boliden AB (ST:BOL) added 6.24%, up 38.60 points to close at 657.00. Atlas Copco AB Class A (ST:ATCOa) also posted notable gains, rising 4.87% or 8.30 points to end the day at 178.90.
Even among the stocks listed as the session's weakest performers, the moves were positive. Essity AB B (ST:ESSITYb) increased 0.38%, up 1.00 point to 263.40 at the close. Svenska Cellulosa SCA AB B (ST:SCAb) gained 0.61%, or 0.70 points, finishing at 114.90. AstraZeneca PLC (ST:AZN) rose 1.15%, a 20.50-point advance to 1,803.50.
Market breadth in Stockholm was tilted strongly toward advancers: 551 stocks rose while 190 declined and 55 finished unchanged.
Commodities showed sizable moves during the session. Crude oil for April delivery fell 12.93%, a drop of $12.25, to settle at $82.52 per barrel. Brent oil for May delivery declined 12.61%, down $12.48, to $86.48 per barrel. In contrast, the April Gold Futures contract rose 2.61% - an increase of $133.46 - to trade at $5,237.16 a troy ounce.
Currency pairs involving the Swedish krona moved modestly. The euro traded higher against the krona, with EUR/SEK up 0.26% to 10.64. The dollar strengthened slightly versus the krona, with USD/SEK rising 0.12% to 9.13. The US Dollar Index Futures traded lower, down 0.60% at 98.57.
Summary of session data and notable moves is based on closing prices and futures contract levels reported for the trading day. The market advance was broad-based in terms of the number of rising stocks, while commodity markets experienced pronounced declines in crude and Brent oil alongside an uptick in gold futures.