Among the most traded stocks in the OMXS30 index, the white goods conglomerate Electrolux rose 3.5 percent and the engineering company Atlas Copco 2.8 percent.
The mining company Boliden increased 2.0 percent. Interest in mining stocks has received a boost since Bloomberg reported that industry giants Glencore and Rio Tinto had merger talks, which were later discontinued.
Among the OMX30 stocks, the heat pump manufacturer Nibe also climbed 3.0 percent.
Medcap plummets 30 percent
Against the trend, the game developer Evolution's stock fell 4.8 percent after Dagens Industri reported that the Financial Supervisory Authority had launched an investigation into the company's information disclosure regarding a British investigation.
Saab also took a hit after a reversed profit warning, where the defense company flagged unexpectedly high sales but with weaker profitability than the market had expected. The stock fell 5.3 percent.
The investment company Medcap's stock plummeted 30.0 percent after the company warned of an unexpectedly weak result from the fourth quarter last year.
Also abroad
The major European stock exchanges followed the same trend as Stockholm with clear increases in Frankfurt, London, and Paris.
At the close in Stockholm, there were strong increases on the New York Stock Exchange as well.
China's GDP growth rate rose unexpectedly much in the fourth quarter, driven by stimulus measures, and the country met its government's growth target of 5 percent for 2024. But the market was not particularly impressed.
During overnight trading on the Asian stock exchanges, it went down in Tokyo and slightly up in Hong Kong and Shanghai.
During the week, Stockholm rose 3.8 percent, and with Friday's increase, the OMXS index has risen 4.2 percent since the turn of the year.
