Among the stocks on the OMXS30 list, heavy industrial stocks such as SKF and Electrolux fell, down 4.7 and 4.1 percent, respectively. The OMXS30 index fell a total of 0.5 percent, and 21 of the list's 30 stocks fell during the day.
Among the losers was also car manufacturer Volvo Cars, whose stock fell around 4.5 percent after its German competitor Mercedes warned of an unexpectedly weak result in 2024, citing headwinds in China.
It went better for the major telecom companies. Tele2 increased by 1.5 percent, while Telia increased by 1.4 percent.
On Thursday, the OMXS index rose 1.8 percent in a global rally following the unexpectedly large interest rate cut by the US central bank Federal Reserve (Fed) on Wednesday. With the decline on Friday, the index has risen 11 percent since the turn of the year.
The leading stock exchanges in Europe had a similar development to the Stockholm Stock Exchange. Both the London and Paris stock exchanges fell on Friday.
An unexpectedly strong retail sales figure from the UK has pushed up the value of the pound.
