Trading began a bit slow in the wake of larger declines for several tech giants during Tuesday's US trading, but after lunch came a recovery – before the air seeped out again.
Strongest among the most traded stocks within the OMXS30 index were Handelsbanken, the pharmaceutical company Astra Zeneca and the telecom operator Tele2, all of which rose 1.5 percent.
At the other end, the engineering giant Atlas Copco fell the most, 1.8 percent. A tough day was also had by the heat pump manufacturer Nibe and the private equity firm EQT with declines of 1.4 and 1.3 percent, respectively.
A winner was the crisis-ridden real estate company SBB, up 2.8 percent, after an interim report where CEO Leiv Synnes talks about a positive trend reversal.
In New York, it is mostly still sour faces. After about two hours of trading on Wednesday, two of the three major indexes have fallen back, while the third remains unchanged.
Wall Street is waiting, among other things, for what Jerome Powell, the head of the US central bank (Fed), will say at the central bank meeting in Jackson Hole on Friday.
Also on Wednesday evening, the protocol from the Fed's latest meeting on interest rates is expected to be made public.
At the close in Stockholm, there were different bids on the larger European exchanges. Frankfurt and Paris had fallen back, while London showed a clear plus.
A dollar costs 9.58 kronor, while a euro costs 11.17 kronor.
