The Stockholm Stock Exchange kicked off Thursday's trading session with a robust rally. The gains are being led by heavyweight index constituents Swedbank and Atlas Copco, both posting significant increases. Ericsson is also on the rise after announcing job cuts in Sweden.

The U.S. Department of Justice has closed its investigation into Swedbank without taking any action. The probe, which began in 2019, was related to the bank's historical efforts to combat money laundering. Now, the only remaining investigation in the U.S. is by the Department of Financial Services in New York.

Atlas Copco is climbing after Switzerland's VAT Group, a sector peer in the vacuum solutions field, exceeded analysts' expectations in the fourth quarter. A strong report and capex forecast from semiconductor giant TSMC are also contributing to the uptick.

After 25 minutes of trading, the OMXS30 index was up 1.09 percent at 3 016.39. During the day, the index has traded within a range from a low of 0.75 percent to a high of 1.21 percent.

The broader OMXSPI was up 0.93 percent.

CompanyChangeComment
Swedbank5.0 %U.S. Department of Justice closes investigation with no action; only a DFS probe in New York remains
Bonesupport4.7 %SEB upgrades to buy (hold), target price 270 kronor (260)
Atlas Copco3.9 %VAT Group, a peer in vacuum solutions, beat Q4 expectations. Strong report from semiconductor giant TSMC also boosts gains.
Ericsson1.6 %Announces layoffs for 1 600 employees in Sweden
SSAB1.1 %ABG Sundal Collier upgrades to hold (sell), target price 73 kronor (52)
Wästbygg0.6 %Received orders worth over 250 million kronor
Storytel0.2 %SB1 Markets initiates coverage with buy and target price 112 kronor
Peab0.0 %Received two orders totaling 964 million kronor
Boliden-2.6 %ABG Sundal Collier downgrades to hold (buy), target price 550 kronor (450)
Lucara Diamond-2.9 %Significantly increases directed share issue to 65 million Canadian dollars
Arjo-3.1 %Handelsbanken downgrades to hold (buy), target price 34 kronor (40)
Gig Software-17.1 %Lowers guidance for 2026 revenue and adjusted EBITDA result