The Stockholm Stock Exchange gained ground on Wednesday as oil prices pulled back. The day's news flow was characterized by a fresh batch of interim earnings reports.

At the close, the blue-chip OMXS30 index was up 1.24 percent at 3,099.50. Adjusted for dividends, the OMXS30 rose 1.25 percent. Shares worth approximately SEK 24.7 billion changed hands on the Stockholm bourse.

Basic materials led the gains among major industrial sectors, advancing 2.75 percent. At the other end of the spectrum, consumer staples lagged, shedding 0.37 percent.

Among the leading shares included in the OMXS30 index, Boliden climbed 5.1 percent while Sandvik rose 2.7 percent. The weakest performers were SCA B, down 0.3 percent, and Essity B, which fell 0.3 percent.

Gaming group Embracer reported an adjusted operating profit for the fourth quarter of 2025/2026 that beat expectations at SEK 360 million, compared to the anticipated SEK 268 million. The company announced plans to spin off Fellowship Entertainment and launched a SEK 750 million buyback program. The stock slipped 2.1 percent.

Technology trading group Addtech rose 1.2 percent. The company reported revenue in line with expectations and EBITA ahead of consensus for the fourth quarter of 2025/2026. EBITA rose 15 percent to SEK 1,011 million (880), surpassing the expected SEK 926 million. The dividend was hiked more than anticipated to SEK 3.60 per share, up from SEK 3.20.

Research company Bioarctic's revenue and operating profit significantly exceeded expectations in Q1. Operating profit reached SEK 211 million against an expected SEK 66 million. The stock climbed 1.5 percent.

Defense contractor Saab has secured an order from Lithuania for the Carl-Gustaf M4 recoilless rifle and related training equipment, valued at approximately SEK 460 million. Elsewhere, EFN reported, citing sources, that France is preparing an order for at least ten CB90 combat boats from the defense firm. Saab shares rose 2 percent.

Real estate company NP3 has completed an accelerated bookbuilding process and decided on a directed share issue of 12.75 million preference shares at a subscription price of SEK 30.00 per share. The company will thus raise approximately SEK 383 million. The subscription price represents a 4 percent discount to yesterday's closing price of SEK 31.25. The preference share fell 1.1 percent.

Dagens industri reported that there is significant dissatisfaction at the online broker Avanza. According to reports, several key individuals have left the company. Avanza shares increased 1.4 percent.

The construction of the Norra kajen in Umeå is becoming more expensive and risks being delayed by up to a year. This follows an unresolved dispute between the Port of Umeå and the contractor Nyab. The contracts are now being terminated, SVT reported. Nyab closed unchanged.

In today's analyst flow, Pareto Securities downgraded Lagercrantz to hold (buy), with a target price of SEK 270 (255). Handelsbanken also downgraded Lagercrantz to hold (buy), with a target price of SEK 280 (270). The stock fell 0.4 percent.

SEB downgraded Rusta to hold (buy), while reiterating a target price of SEK 100. The stock dropped 3.1 percent.

Barclays initiated coverage on Beijer Ref with an overweight rating and a target price of SEK 155. SB1 Markets initiated coverage on Beijer Ref with a buy rating and a target price of SEK 180. The stock climbed 3.9 percent.

Danske Bank initiated coverage of Ovzon with a buy rating and a target price of SEK 69. The stock surged 15.1 percent.