The broad OMXS index is up 0.2 percent after about ten minutes of trading.
On the OMXS30 list, defence group Saab is up 2.4 percent. Forestry company SCA is also higher, up 1.1 percent.
Telecom operators Telia and Tele2 are moving in the opposite direction, falling 1.1 and 1.2 percent respectively.
Oil prices were pushed below $100 on Tuesday, partly following reports that Iran might consider opening the Strait of Hormuz if the US lifts its blockade. On Wednesday morning, a barrel of North Sea oil (Brent) cost just over $98.
The Stockholm Stock Exchange's OMXS30 closed yesterday at a new record level, just like the American Nasdaq index.
