OMXS30 closes 1.3 percent higher as EQT leads gains

OMXS30 closed at 3,297 points on October 16, up 41 points or 1.3 percent. The Stockholm benchmark rebounded after Thursday's AI-related selloff, while defense shares and EQT led the advance, EFN reports.

EQT rose 3.3 percent after Investor agreed to buy a 1 percent stake from Wallenberg Investments for SEK 3.5 billion. Avanza fell 2.8 percent after its third-quarter report came in slightly below expectations, according to Placera.

Why did OMXS30 rise on Friday?

The index recovered from the previous session's 0.6 percent decline as buying returned across Stockholm. Saab gained 2.9 percent, and EQT benefited from Investor's purchase of shares from Wallenberg Investments.

The rebound followed two sessions marked by AI-related concerns on Wall Street. AstraZeneca was the weakest OMXS30 constituent, falling 1.9 percent, while ABB declined 0.6 percent, EFN reports.

Winners and losers in OMXS30

Winners and losers at the Stockholm close according to Placera:

• EQT up 3.3 percent: Investor bought a 1 percent stake from Wallenberg Investments.
• Saab up 2.9 percent: defense shares led the broader rebound.
• Investor up 2.3 percent: the company announced the EQT purchase.
• Avanza down 2.8 percent: its quarterly report was slightly below expectations.
• AstraZeneca down 1.9 percent: it was the weakest OMXS30 constituent.
• ABB down 0.6 percent: it lagged the broad advance.

OMXS30 closes the week higher

OMXS30 finished the week above Thursday's close of 3,256 points. Trading on the full Stockholm exchange totaled SEK 28.6 billion, while only a few OMXS30 shares ended lower, EFN reports.

What comes next for OMXS30

• October 19, 2026, 8:30 a.m. Stockholm time: Aira is scheduled to release an earnings report.
• October 19, 2026, 12:00 p.m. Stockholm time: Sweden's weekly employment statistics are due.
• October 19, 2026, 1:00 p.m. Stockholm time: Traction is scheduled to publish earnings, according to MarketScreener.

OMXS30 price data for October 16, 2026

OMXS30 closed at 3,296.84 points on October 16, 2026, up 40.76 points or 1.25 percent versus the October 15 close of 3,256.08 points, Placera reports. The exchange recorded SEK 28.6 billion in turnover.

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