Truck maker Scania's owner Traton is slowing the decline, with its share price up 6.6 percent after an interim report with unexpectedly strong order intake.
Another report winner is telecom equipment maker Nokia, up 4.2 percent.
Otherwise, the decline is broad, with 25 of 30 stocks in the OMXS30 index in the red. Reporting forestry company Stora Enso falls 5.5 percent.
The market is breathing a sigh of relief after Google owner Alphabet reported a higher investment plan in the tech giant's report after Wall Street closed on Wednesday.
The price of North Sea oil (Brent) rose about 2.9 percent to $96.80 per barrel after the Iran-backed Houthi movement in Yemen said it had shelled oil tankers in the Red Sea.
