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Stock Markets February 26, 2026 12:00 PM

Swedish Equities Close Higher; OMX Stockholm 30 Hits Five-Year Peak

Oil & Gas, Financials and Technology stocks lead gains as market breadth favors advancers

By Leila Farooq
Swedish Equities Close Higher; OMX Stockholm 30 Hits Five-Year Peak

Stocks in Sweden ended higher on Thursday, with the OMX Stockholm 30 index advancing 0.30% to reach a new five-year high. Sector strength in Oil & Gas, Financials and Technology helped push the market higher, while broader market breadth showed more advancing issues than decliners.
Key individual movers included NIBE Industrier AB ser. B, EQT AB and Evolution AB among the top gainers, and Boliden AB, Telia Company AB and Tele2 AB among the laggards. Commodity and currency moves accompanied the equity gains.

Key Points

  • OMX Stockholm 30 closed up 0.30%, marking a new five-year high.
  • Oil & Gas, Financials and Technology sectors were the primary contributors to gains.
  • Market breadth favored advancing stocks, with 442 advancers, 299 decliners and 72 unchanged.

Stocks in Sweden closed higher on Thursday as gains across several sectors lifted the main benchmark. At the end of trading in Stockholm, the OMX Stockholm 30 rose 0.30% to register a new five-year high.

Strong performances in the Oil & Gas, Financials and Technology sectors underpinned the advance, helping to lift the selective OMX Stockholm 30 to its intraday peak and finish the session with modest gains.

Top movers on the OMX Stockholm 30

The session's best performers included NIBE Industrier AB ser. B (ST:NIBEb), which climbed 3.73% or 1.30 points to close at 36.40. EQT AB (ST:EQTAB) added 3.61% or 9.90 points to finish at 284.30. Evolution AB (ST:EVOG) also posted a strong result, rising 3.19% or 17.20 points to end the day at 555.80.

On the downside, Boliden AB (ST:BOL) fell 3.18% or 23.00 points to close at 699.60. Telia Company AB (ST:TELIA) declined 1.17% or 0.54 points to finish at 45.77, and Tele2 AB (ST:TEL2b) was down 0.94% or 1.80 points to 188.70 at the close.

Market breadth and activity

Advancers outnumbered decliners on the Stockholm Stock Exchange, with 442 stocks rising against 299 that fell. A further 72 issues ended the session unchanged, reflecting a generally positive bias across the exchange.

Commodities and currencies

Commodity prices moved alongside equity gains. Crude oil for April delivery was up 1.64% or 1.07, trading at $66.49 a barrel. Brent oil for May delivery rose 1.94% or 1.37 to $72.06 a barrel. In precious metals trading, the April Gold Futures contract fell 0.38% or 19.84 to trade at $5,206.36 a troy ounce.

Currency markets showed modest movement against the krona. EUR/SEK rose 0.33% to 10.68, while USD/SEK increased 0.49% to 9.06. The US Dollar Index Futures was up 0.15% at 97.77.

Outlook notes

Thursday's session left the OMX Stockholm 30 at a fresh five-year high, supported by sector-level gains and a greater number of advancing stocks than decliners. Market participants will likely watch whether the current momentum spreads beyond the top-performing sectors observed in this session.

Risks

  • Commodity price swings could influence Oil & Gas sector performance and broader market sentiment - impacts Energy and Materials sectors.
  • Individual large-cap declines highlight stock-specific downside risk within the index - impacts Mining and Telecom sectors.
  • Currency movements versus the krona may affect exporters and firms with foreign revenue - impacts Industrials and Technology sectors.

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