The Stockholm Stock Exchange continued its upward trajectory on Monday, tracking gains in international markets. Sentiment was bolstered by falling oil prices following positive signals from Donald Trump regarding progress in peace negotiations with Iran. Several major exchanges are closed for holidays on Monday, including London and New York.

As of 12:13 PM, the OMXS30 index was up 1.40 percent at 3,190.06. Shares worth approximately SEK 6.8 billion had changed hands on the Stockholm bourse.

Technology led the gains among major industrial sectors, rising 2.7 percent. At the other end of the spectrum, energy lagged behind, shedding 1.3 percent.

Among the blue-chip stocks in the OMXS30 index, Boliden rose 3.2 percent, while Volvo B gained 2.7 percent. The weakest performers were Tele 2 B, down 0.8 percent, and Telia, which fell 0.3 percent.

Investment firm Kinnevik has appointed Helena Saxon as its new CEO, effective August 1. She succeeds interim CEO Rubin Ritter. Helena Saxon served as CFO at Investor between 2015 and 2024 and also sits on the boards of H&M and Novo Nordisk. The stock climbed nearly 5 percent.

Telecom equipment provider Ericsson announced it is moving its Stockholm headquarters from Kista to Hagastaden. The company has signed major lease agreements with Atrium Ljungberg and Castellum. Ericsson edged up 0.2 percent, Atrium Ljungberg rose nearly 4 percent, and Castellum gained 2.2 percent. Meanwhile, Corem's B-shares tumbled 9.5 percent, as the company currently leases premises to Ericsson in Kista.

Bioarctic's partner Eisai presented a simulation of potential future sales for the Alzheimer's drug Leqembi during its capital markets day. According to the simulation, sales are expected to reach approximately 300 billion yen, equivalent to about SEK 17.6 billion, during the 2028/2029 fiscal year ending in March 2029. Bioarctic shares rose 0.9 percent.

Medtech company Episurf Medical reported a wider operating loss of SEK -24.9 million for the first quarter, despite an increase in revenue. The result was weighed down by transaction costs related to an acquisition and negative results from medical operations. Episurf shares surged 9.7 percent.

Octave, a spin-off from Hexagon, began its first day of trading on Nasdaq Stockholm today. The terms were 1:10, meaning ten shares in Hexagon entitled the holder to one share in Octave. The listing consists of Swedish Depository Receipts (SDRs) on the Large Cap segment under the ticker OCTV SDB. The stock is trading around SEK 170.6.

Industrial supplier Nolato has appointed Anders Björklund as its new President and CEO. He succeeds Christer Wahlquist, who will step down following the interim report on July 17. Nolato shares rose 1.6 percent.

Among today's analyst recommendations, SB1 Markets upgraded Hexagon to buy from neutral, reiterating a target price of SEK 100. The stock rose 2.5 percent.

Dagens industri issued a buy recommendation for Securitas. Securitas shares gained 2.8 percent.