Stockholm Stock Exchange Rises 1.2% as Most OMXS30 Stocks Gain

Among the most traded stocks on the OMXS30, engineering company Atlas Copco and telecoms giant Ericsson rose the most, gaining 3.4 percent. Measurement technology company Hexagon fell 3.2 percent.

The rise was broad, with only six of the 30 companies declining.

Telecoms operators Tele2 and Telia had a tough time, falling 1.6 and 0.8 percent respectively.

At the close in Stockholm, stock markets in Frankfurt, London and Paris were also clearly up. In New York, all three major indices were also higher.

This week, interest rate announcements are expected from both the US Federal Reserve and the European Central Bank (ECB). In Sweden, the Swedish Central Bank will announce its interest rate decision next week, on November 4.