The unexpectedly weak US jobs report on Wednesday has the market positioning itself for a rate cut by the Federal Reserve (Fed) next week. This has raised risk appetite among investors in many quarters – increasing the appetite for stocks.
Among the heavyweights, engineering giants such as Atlas Copco and Alfa Laval are up 3.1 and 3.0 percent, respectively.
The major banks are going against the grain. Swedbank falls 1.6 percent.
The upturn follows a weak start to December trading, with three consecutive days of losses for the Stockholm Stock Exchange.
With Thursday's rise, the Stockholm Stock Exchange's OMXS index has risen 7.0 percent since the turn of the year.
