The Stockholm Stock Exchange is trading higher at Tuesday's midday session, tracking gains across leading European markets. The news flow is highlighted by fresh sales figures from Volvo Cars and Loomis's acquisition bid for a Peruvian firm.

Around 1:00 PM, the OMXS30 index was up 0.73 percent at 3,057.73. Shares worth approximately SEK 7.2 billion had changed hands on the Stockholm bourse.

Basic materials led the major industrial sectors with a 1.6 percent advance. At the other end of the spectrum, consumer staples lagged, shedding 0.5 percent.

Among the blue-chip stocks in the OMXS30 index, Ericsson B rose 2.1 percent while H&M B gained 2.0 percent. Nibe B saw the weakest performance, falling 2.3 percent, while Astra Zeneca declined 2.0 percent.

Cash handling specialist Loomis has entered into an agreement to launch a public tender offer for the Peruvian cash management firm Hermes Transportes Blindados, at an enterprise value of approximately SEK 4 billion. Hermes reported revenues equivalent to roughly SEK 1.2 billion in 2025 and employs around 3,200 people. Loomis shares climbed 3 percent.

Automaker Volvo Cars announced that global sales fell by 10 percent during the February-April period. The stock edged up 0.8 percent.

Private equity firm EQT has submitted a third takeover proposal for British firm Intertek. This latest offer stands at 58 pounds per share, representing a 54 percent premium over Intertek's closing price on April 9. EQT's initial bid was 51.50 pounds per share, subsequently raised to 54 pounds on April 21. EQT shares rose 1.7 percent.

In earnings news, broadband operator Bahnhof reported that pre-tax profit increased to SEK 79.7 million from SEK 73 million, as revenue grew 9 percent. Bahnhof shares jumped 5.9 percent.

Contract manufacturer Hanza reported a record first quarter, characterized by a sharp increase in revenue and improved profitability. Operating profit surged to SEK 220 million from SEK 86 million, with organic sales growth reaching 20 percent. Hanza shares soared 25.3 percent.

Installation services group Bravida posted an operating profit of SEK 325 million (307), with an operating margin of 4.6 percent (4.5). Order intake rose by just over 5 percent. Bravida shares rallied 13 percent.

Real estate company Nyfosa reported unchanged income from property management of SEK 319 million for the first quarter. Nyfosa shares gained 2.2 percent.

Cybersecurity firm Yubico's final figures were in line with preliminary results. The company has appointed Jerrod Chong as permanent CEO. The stock retreated 1.2 percent.

On the analyst front, Morgan Stanley has upgraded SSAB to Overweight (from Equal-weight) with a price target of SEK 94. SSAB shares rose 3.9 percent.