Clothing chain H&M presented on Thursday an interim report for the quarter that ended in May. On the stock exchange, it's a thumbs up, as improved margins indicate that CEO Daniel Ervéns action program is starting to have an impact. The share rose by 3.7 percent.
Among other heavyweights on the stock exchange, defense group Saab rose by 6.3 percent and is traded for 521 kronor – a new record level.
Construction group Skanska closed up 0.6 percent after a new billion-order from the USA.
The dollar is being pushed downward since USA's president Donald Trump, according to The Wall Street Journal, is considering speeding up the designation of whom he wants to see as successor to Jerome Powell, the current head of the USA's central bank Federal Reserve (Fed).
The statement comes after Powell, during two days of questioning in Congress, defended the Fed's decision not to lower the interest rate with the risk of inflation as a result of the Trump administration's tariffs.
One dollar was during night trading down at 9.43 kronor, the lowest rate measured in kronor in three years. At the closing of the Stockholm stock exchange, one dollar costs 9.49 kronor.
