Sweden's main equity gauge finished marginally higher at the close on Monday, with the OMX Stockholm 30 adding 0.07% as pockets of strength in the Oil & Gas, Financials and Technology sectors supported the advance.
The session's top performers on the OMX Stockholm 30 were dominated by financial names. Nordea Bank Abp (ST:NDASE) led gains after rising 1.84% to finish at 174.75. Skandinaviska Enskilda Banken AB A (ST:SEBa) climbed 1.48% to end the day at 191.60, while Swedbank AB ser A (ST:SWEDa) rose 1.35% to close at 345.10.
Conversely, several large-cap names finished lower. Svenska Cellulosa SCA AB B (ST:SCAb) fell 2.73% to 121.10, making it the weakest performer on the index. Hexagon AB ser. B (ST:HEXAb) dropped 2.38% to close at 95.30, and SAAB AB ser. B (ST:SAABb) declined 2.14% to end the session at 625.00.
Market breadth favored declines by a notable margin. On the Stockholm Stock Exchange, falling issues outnumbered advancing ones 465 to 280, with 69 stocks finishing unchanged. That imbalance highlights that the index's modest increase was driven by select sector gains rather than broad-based buying.
Commodities and currencies moved alongside equities during the session. Crude oil for April delivery advanced 1.00% or 0.63, settling at $63.38 a barrel, while Brent oil for April delivery rose 0.96% or 0.65 to $68.40 a barrel. April Gold Futures declined 0.73% or 37.09, trading at 5,009.21 a troy ounce.
On the currency front, EUR/SEK strengthened 0.30% to 10.60 and USD/SEK gained 0.42% to 8.94. The US Dollar Index Futures moved up 0.17% to 96.98.
The trading day closed with a modestly higher headline index, led by concentrated gains in financials and supported by moves in energy and technology, while a larger number of individual stocks ended the session lower.