Volvo Cars shares rose over 6 percent after the car manufacturer, whose majority owner is China's Zhejiang Geely Holding Group, reached an agreement with the Trump administration on exemptions from import rules.
Saab shares rose 0.2 percent after the announcement that Canada is initiating negotiations to purchase the Global Eye system.
The oil price was pushed down 4 percent to $95.60 per barrel for North Sea oil (Brent) on hopes of a quick peace settlement between the US and Iran.
The Stockholm Stock Exchange closed down 1.0 percent on Tuesday after a 1.5 percent gain on Monday. Since the beginning of the year, the OMXS index has been up 5.6 percent.
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