The Stockholm stock exchange rose broadly on Monday, supported by rising prices on the leading European stock exchanges. The news flow included a change of CEO at Hexagon and a major acquisition of Thule.

At the close, the OMXS30 index was up 0.69 percent to 2,576.43. Shares worth around SEK 15.9 billion were traded on the Stockholm Stock Exchange.

The best performance among the stock exchange's major industrial sectors was industrial with an increase of 1.14 percent. At the other end of the scale, technology was at the bottom with minus 1.00 percent.

Among the leading stocks, which are included in the OMXS30 index, Saab rose 3.8 percent while Sinch was up 3.0 percent. Hexagon was the worst performer, down 2.8 percent, while Getinge was down 1.7 percent.

The decline of the metrology company Hexagon is explained by a reverse change of CEO. The Board of Directors decided that Paolo Guglielmini will step down as CEO with immediate effect. He will be replaced by Norbert Hanke, Chief Operating Officer, who will become acting President and CEO. Mr. Guglielmini has been CEO for just under two years and succeeded long-time CEO Ola Rollén, who became Chairman of the Board.

The leisure products company Thule acquired Quad Lock for 500 million Australian dollars, equivalent to SEK 3.6 billion. The acquisition has rolling twelve-month sales of SEK 1.4 billion with an ebita margin of 25 percent. Thues shares rose 3.0 percent.

Technology company Sivers Semiconductors reported almost unchanged revenues in the third quarter compared to the same quarter last year, while the loss, measured as adjusted ebitda earnings, decreased slightly. Sivers also paused discussions on a merger between its subsidiary Sivers Photonics and spac company Bynordic Acquisition. Sivers' share price fell by 43%.

Mining company Filo reduced its operating loss in the third quarter compared to the same quarter last year. The company still lacks revenue. Filo expects to remove between 30,000 to 35,000 meters in 2024, down from the original target of 40,000 meters. The share rose 0.8 percent.

Gaming company Embracer fell 10.6 percent ahead of its second quarter interim report, which will be released on Thursday.

Credit management company Intrum had a volatile trading day and closed 14.4 percent higher. Ola Laurin, with a background from Payex and Swedbank, was appointed new head of Sweden.

Handelsbanken increased 0.9 percent after a buy recommendation from Dagens industri.

Drug development company Egetis Therapeutic climbed 3.3 percent. Handelsbanken resumed coverage of the company with a short-term buy recommendation and a long-term outperform recommendation.

Handelsbanken raised its short-term recommendation for ventilation company Lindab to buy, from previously keep. The long-term recommendation of outperform was reiterated and the target price remained at SEK 370. Lindab advanced 4.4 percent.