Shares in Electrolux surged 11.2 percent after the appliance manufacturer reported a sharply increased profit in line with market forecasts in its quarterly report. Major bank SEB raised its target price for the stock from SEK 54 to SEK 70.
The large-cap index OMXS30, which also rose 0.2 percent, was topped by telecom operator Telia and telecom company Ericsson, up 1.8 and 1.4 percent respectively. Downward performers included mining equipment manufacturer Epiroc, down 2.2 percent, and heat pump manufacturer Nibe, down 1.4 percent.
Asian stock markets were mostly down after the US-China summit overnight Swedish time. The Shanghai Stock Exchange fell 0.5 percent and the Shenzhen Stock Exchange lost 0.7 percent.
According to US President Donald Trump, the countries have agreed on a one-year trade deal. Chinese President Xi Jinping has said that China will cooperate with the US, but he has not gone into details of the agreement.
Index movements on the London and Frankfurt Stock Exchanges were small, while the Paris Stock Exchange fell just over 0.5 percent.
On the foreign exchange market, the krona weakened slightly against the dollar, which at the close of trading cost 9.43 kronor. The euro, which became a few cents cheaper, cost 10.91 kronor.
With Thursday's rise, the Stockholm Stock Exchange has now risen 7.9 percent since the turn of the year.




