At midday, the Stockholm Stock Exchange continued to build on its initial gains, trading close to the day's high. Several major industrial sectors saw upward movement. As the third-quarter earnings season concludes this week, attention is increasingly shifting toward capital markets days being hosted by several companies.

At 12:50 pm, the OMXS30 index was up 0.63 percent at 2,742.48. Trading volume on the Stockholm Stock Exchange amounted to approximately SEK 5.3 billion.

Among the larger industrial sectors, energy performed best, rising 1.44 percent. On the other end, consumer discretionary stocks lagged, falling 0.56 percent.

Among the leading OMXS30 stocks, Saab B climbed 3.0 percent while Telia rose 2.4 percent. Evolution posted the weakest performance, down 1.8 percent, while H&M B slipped 1.4 percent.

Regarding the aforementioned capital markets days, elevator company Alimak held its event on Tuesday. The company announced new targets: an average annual revenue growth of 8-12 percent and an adjusted EBITA margin of 20 percent through 2028. Alimak shares gained 1.6 percent.

Technology firm Tietoevry also held a capital markets day, presenting new goals for 2026-2028. Tietoevry aims for annual revenue growth above 5 percent during 2027-2028 and an adjusted EBITA margin above 16 percent by 2028. Additionally, the company will work to reduce its net debt-to-EBITDA ratio to below 2. The stock declined 0.8 percent.

Among the few remaining companies reporting, Lundbergs presented its figures. Net asset value per share stood at SEK 564 as of November 21. In Q3, the company saw lower revenues but slightly higher operating profit. The share edged down 0.2 percent.

Construction firm Skanska advanced 1.7 percent after announcing a contract to build a data center in the United States worth around SEK 2.5 billion.

Demand for defense company Saab's products remains strong. The company announced a new order worth SEK 2.1 billion from FMV. The stock jumped 3.2 percent.

Mining companies Boliden and Lundin Mining rose 0.9 percent and 1.4 percent, respectively, on higher copper and iron ore prices.

Revolution Race launched a share buyback program of up to SEK 200 million. The stock rose 1.6 percent.

Sivers Semiconductors surged 7.2 percent. The technology company announced a new agreement with South Korea's Doosan valued at USD 1.5 million.

Alligator Bioscience plunged nearly 23 percent. The biotech firm set the terms for its SEK 123 million rights issue.

Several new analyst recommendations were noted in the news flow. SEB upgraded Volvo to "buy" from "hold." The B share climbed 1.8 percent.

JP Morgan Chase downgraded Hemnet to "underweight" from "neutral." Hemnet fell 4.8 percent.

Jefferies lowered its recommendation for live casino developer Evolution to "hold" (from "buy"), with a new price target of SEK 630 (previously SEK 1,350). The lower recommendation reportedly reflects uncertainty stemming from the legal dispute in the United States between Evolution and Playtech.

DNB Carnegie upgraded Storytel to "buy" from "hold." Storytel climbed 4.5 percent.