The Stockholm Stock Exchange rebounded on Wednesday after the sharp fall the day before. At the same time, sentiment remained tense ahead of semiconductor giant Nvidia's report later this evening.

At the close, the OMXS30 index was up 0.45 percent to 2,685.84. Shares worth approximately SEK 19.2 billion were traded on the Stockholm Stock Exchange.

Commodities performed best among the stock market's major industrial sectors, with an increase of 1.5 percent. At the other end of the scale, energy was at the bottom with a decline of 0.8 percent.

Among the leading stocks included in the OMXS30 index, Volvo B rose 2.6 percent, while Evolution was up 1.9 percent. Saab B performed worst, down 4.5 percent, while Ericsson B was down 0.6 percent.

Telecom company Nokia released new long-term targets pointing to a comparable operating profit of
2.7-3.2 billion euros in 2028. Nokia's new strategy will focus on accelerating growth in AI and cloud services and leading the next era of mobile connectivity with AI-based networks and 6G. The stock fell just over 7 percent.

Truck companies Volvo and Traton saw their shares rise by 2.6 percent and 3.6 percent, respectively.
The US Environmental Protection Agency (EPA) has decided to stand by its requirements for NOx reductions for heavy trucks for the 2027 model year. This is despite the ATA and other groups wanting to postpone this until 2031. Ålandsbanken writes in a comment that this could lead to a price increase of USD 15-20 thousand per truck and that it should result in a short-term increase in demand for trucks with model year 2026.

Defense company Saab fell 4.5 percent. According to sources at the Axios news agency, the US administration under Donald Trump, in secret collaboration with Russian officials, has drawn up a 28-point proposal to end the war in Ukraine. It is still unclear how Ukraine and its European allies feel about the content of the plan and what it will require in terms of territorial issues.

The reporting period continued with Kopparbergs Bryggeri increasing its EBITA to SEK 80.5 million in the third quarter, from SEK 79.2 million. The share was down 0.2 percent.

Health company Zinzino reported a sharp increase in operating profit in the third quarter, with earnings rising to SEK 101 million from SEK 55 million. The share price rose by just over 25 percent.

Wind power company Eolus reported an operating loss of SEK 87 million for the third quarter, an improvement from SEK 94 million the previous year. The share price fell 8.5 percent.

Hotel operator Scandic Hotels was pressured by the sale of more than 14.7 million shares, corresponding to approximately 6.8 percent of the capital, by its main owner, Eiendomsspar. The sale took place at a price of SEK 85 per share, a discount on the previous closing price, and was carried out to selected institutional investors. The share price fell 9.7 percent.

Mining company Viscaria is planning a rights issue of approximately SEK 850 million, partly in cash and partly through the settlement of shareholder loans. The share price fell 12.7 percent.

Research company Mendus has carried out a directed new issue of approximately SEK 52.5 million before transaction costs. The subscription price was set at SEK 5 per share after an accelerated bookbuilding process and represented a discount of 9.7 percent compared to Tuesday's closing price. The share was down 4.3 percent.

Forestry and gardening products company Husqvarna rose 4.4 percent. The EU is expected to launch an investigation into Chinese robotic lawnmowers as trade tensions intensify. This was reported by the South China Morning Post, citing sources with insight into the matter. A potential competition investigation could affect Chinese exports and reduce manufacturers' footprint in the European market.

Telecom operator Tele2 is being investigated by the Swedish Post and Telecom Authority after Telia, Tre, and Telenor accused the company of breaking the law when customers try to switch operators. The stock rose 0.3 percent.

Technology consultant Sweco has signed a framework agreement with Norwegian public transport operator Sporveien for consulting and engineering services. The agreement is valid from July 2025 to July 2027, with the possibility of up to six years' extension, and is valued at a total of NOK 350-500 million through mini-procurement. The share rose 1 percent.

Lock manufacturer Assa Abloy reiterated its financial targets at Wednesday's capital markets day. The share rose 0.6 percent.