The Stockholm Stock Exchange closed higher on Wednesday, driven by strong performance in the engineering sector.

Investors rotated into industrial names, pushing the broader index into positive territory for the session.

The rally marks a continuation of the upward momentum seen at the start of the week, with gains accelerating as the closing bell approached.

Sivers Energy was a notable outlier, with shares plunging by double digits.

The sharp sell-off in the energy name contrasted with the broader market strength, suggesting specific company-level pressures or sector rotation away from energy plays.

Meanwhile, Ambea shares traded sideways following its recent bid for rival Humana, which saw its stock surge on the acquisition news.