Stock Markets October 28, 2026 01:00 PM

Swedish equities finish higher as Healthcare, Financials and Technology lead gains

OMX Stockholm 30 edges up 0.33% with mixed individual stock moves; oil rises while gold retreats

By Maya Rios
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Sweden's stock market closed higher on Wednesday, led by advances in Healthcare, Financials and Technology. The OMX Stockholm 30 index rose 0.33% at the Stockholm close. Sandvik, ABB and AB SKF Class B were among the top performers, while Boliden, Epiroc Class A and SCA Class B lagged. Commodities showed strength in crude and Brent oil, while gold futures slipped. Currency moves included a softer euro and dollar against the Swedish krona and a modest decline in the US Dollar Index Futures.

Swedish equities finish higher as Healthcare, Financials and Technology lead gains
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Key Points

  • OMX Stockholm 30 closed up 0.33% at the Stockholm session close.
  • Healthcare, Financials and Technology sectors led gains; market breadth showed 374 advancers, 332 decliners and 82 unchanged.
  • Energy-related commodities strengthened - December crude and January Brent both rose - while December gold futures declined; EUR/SEK and USD/SEK both fell and US Dollar Index Futures eased.

Sweden's equities finished the trading session higher on Wednesday, with gains concentrated in the Healthcare, Financials and Technology sectors that pushed the market upward by the close in Stockholm.

The OMX Stockholm 30 rose 0.33% at the close.

Among individual stocks on the OMX Stockholm 30, Sandvik AB (ST:SAND) was the session's strongest performer, climbing 2.29% - an increase of 8.10 points - to settle at 361.40. ABB Ltd (ST:ABB) also posted a solid advance, adding 1.51% or 13.00 points to finish at 874.20. AB SKF Class B (ST:SKFb) rose 1.13%, gaining 3.10 points to end the day at 278.50.

On the downside, Boliden AB (ST:BOL) recorded the largest decline among the listed names, falling 1.69% or 8.60 points to close at 499.00. Epiroc AB Class A (ST:EPIRa) slipped 1.67%, a decrease of 4.20 points to 247.80, while Svenska Cellulosa Aktiebolaget SCA Class B (ST:SCAb) fell 1.52% or 1.90 points to 122.70.

Market breadth on the Stockholm exchange was modestly positive: 374 stocks finished higher, 332 declined and 82 were unchanged.

Commodities showed notable movement during the session. Crude oil for December delivery rose 3.11% - up 3.11 to $103.01 a barrel. Brent oil for January delivery gained 2.41% or 2.64 to reach $112.05 a barrel. In contrast, the December Gold Futures contract was down 0.49%, slipping 19.85 to trade at $4,054.75 a troy ounce.

Foreign-exchange rates moved against the krona as well: EUR/SEK declined 0.14% to 11.06, and USD/SEK fell 0.37% to 9.92. The US Dollar Index Futures was also lower, down 0.07% at 102.09.


These moves reflect a trading day in which sector leadership and commodity price swings coincided with a modestly stronger Swedish equity market at the close.

Risks

  • Commodity price volatility - oil rallied while gold fell, which may affect energy and precious metals-related companies and sector sentiment.
  • Mixed individual stock performance - notable declines in mining and industrial names could weigh on sector-specific cash flows and investor sentiment.
  • Currency fluctuations - moves in EUR/SEK, USD/SEK and the US Dollar Index Futures introduce exchange-rate uncertainty for exporters and importers exposed to the Swedish krona.

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