The Stockholm Stock Exchange rallied significantly during Wednesday's session as hopes grew for a de-escalation of the conflict in Iran. The upswing followed statements from U.S. President Donald Trump suggesting that the U.S. could exit Iran within 2-3 weeks. President Trump is scheduled to deliver an address to the nation later today. Oil prices retreated by approximately 2 percent.

At the close, the blue-chip OMXS30 index was up 2.63 percent at 3,006.37. Adjusted for dividends, the OMXS30 rose 2.75 percent. Shares worth approximately SEK 29.5 billion changed hands on the Stockholm exchange.

Among the major industrial sectors, engineering showed the strongest performance with a 3.3 percent gain. Conversely, the energy sector lagged at the bottom, shedding 6.9 percent.

Among the leading equities in the OMXS30 index, Saab B climbed 7.4 percent, while Boliden rose 5.8 percent. The weakest performers were Telia, down 1.3 percent, and Nibe B, which fell 0.6 percent.

Appliance manufacturer Electrolux has decided to close its factory in Santiago, Chile, in April. The decision follows a review of cost competitiveness and affects 400 employees. A restructuring charge of SEK 500 million will impact operating profit in the first quarter of 2026, of which SEK 200 million will affect cash flow. The stock increased 3.6 percent.

Security firm Securitas has divested Global Elite Group, part of its U.S. aviation operations, to a subsidiary of HIG Capital. Global Elite Group is a U.S.-based provider of security services to airports, airlines, and aviation-related companies, employing 1,800 people. In 2025, the business generated revenue of USD 100 million, equivalent to SEK 1 billion. The stock rose 2.5 percent.

Co-founder Erik Gatenholm has been proposed for a comeback to the board of biotech company Bico at the annual general meeting. He previously left the board in 2024. Gatenholm is the company's largest shareholder. The stock was up 6.4 percent.

Residential developer JM is selling a rental housing project in Sollentuna to Folksam for SEK 580 million. The stock rose 1.3 percent.

Real estate company Acrinova's board has revised its dividend proposal, now recommending a payout of SEK 3.75 per share, a substantial increase from the previous proposal of SEK 0.50 per share. The stock surged 8.6 percent.

Construction group Byggpartner Gruppen has signed a Phase 2 contract with Vattenfall to construct a new office and training campus in Forsmark, with an order value of SEK 500 million. The stock was up 0.7 percent.

Biotech firm Xbrane Biopharma intends to resubmit its Biologics License Application (BLA) for its ranibizumab biosimilar to the U.S. FDA in April or May 2026. The stock increased 5.2 percent.

Among today's analyst recommendations, SEB dropped its sell rating on Thule and upgraded the stock to hold. The shares increased 4.1 percent.

Danske Bank raised its rating for Ependion to buy from hold, sending the stock up 3.3 percent. Nordea made a similar move for Beijer Alma, which advanced 5.2 percent.