After the morning's drama when China announced retaliatory tariffs against the USA, the development was mixed on the stock markets. While several leading European stock exchanges recovered after the fall the day before, it was initially more gloomy on the Stockholm Stock Exchange.
The worst among the large companies on the OMXS30 list were pharmaceutical giant Astra Zeneca and defense conglomerate Saab, which fell 2.8 and 2.3 percent, respectively.
At the top of the OMXS30 was cloud service company Sinch, up 3.4 percent. Fashion giant H&M also did well after the news of a billion-kronor purchase in the company by the Persson family's holding company Ramsbury Invest. The share rose 1.9 percent.
Investment company Kinnevik, which presented its annual report in the morning, rose 0.4 percent.
Outside the large-cap list, Volvo Cars fell 1.4 percent after the car manufacturer released sales figures.
The board of forestry company Billerud, which also released its annual report, proposed an increased dividend to shareholders, 3.50 kronor compared to 2.00 kronor per share last year. The company's net sales increased by 20 percent in the last quarter, and the share rose 1.3 percent.
