Almost all of the most traded stocks in the OMXS30 index rose. It also went up on leading European stock exchanges – with the exception of London
The market made the assessment that the talks between Washington and Moscow may have the potential to put an end to three years of Russian aggression against neighboring Ukraine. Signs of better prospects for China's economy also contributed to the positive sentiment.
The effect was clear also on the currency market, where the dollar fell against all other major currencies in the world. One dollar cost 10.77 kronor at the close of the exchange – the strongest krona rate since last November. On the commodity market, oil and fossil fuel prices were pushed down.
Prior to the stock market opening, among others, Sinch reported a better result than expected in a quarterly report. The stock soared by over 17 percent.
However, for the gaming company Embracer, Thursday's interim report was not a pleasant read, according to the market. The stock plummeted by 11.2 percent.
On Wednesday, the OMX index on the Stockholm Stock Exchange rose by 0.2 percent. With Thursday's increase, the index is up 9.7 percent since the turn of the year.
Correction: An earlier version contained an incorrect dollar rate.
