The Stockholm Stock Exchange ended Thursday in negative territory. After a choppy start to the day, share prices slid further around lunchtime. An attempted rebound coincided with the opening of Wall Street, but, mirroring the American markets, Swedish shares fell again.

At the close, the OMXS30 index was down 0.91 percent at 3,089.67. Shares worth approximately 36.5 billion kronor were traded on the Stockholm Stock Exchange.

Among the exchange's major industrial sectors, healthcare performed best with a gain of 1.76 percent. At the other end, consumer discretionary stocks were the laggards, falling by 3.2 percent.

Among the leading stocks included in the OMXS30 index, SKF B rose 2.0 percent while Assa Abloy B climbed 1.9 percent. Evolution fared worst, dropping 6.1 percent, while Handelsbanken A was down 4.4 percent.

Volvo Cars suffered a dramatic plunge, with its share closing down 22.5 percent. The company's operating profit was significantly lower than expected, amounting to 1.9 billion kronor. For 2026, Volvo Cars aims to return to annual volume growth for the full year and to increase cash flow generation.

Fiber communications company Hexatronic initially surged but its share price retreated towards the afternoon, ending up 0.9 percent. Adjusted EBITA was nearly 11 percent higher than expected, totaling 133 million kronor.

AAK, a producer of plant-based specialty ingredients, proposed raising its dividend to 5.50 kronor per share. In addition, an extra dividend of 3.85 kronor per share was proposed. The stock rose 0.5 percent.

Lock manufacturer Assa Abloy climbed 1.9 percent. The dividend was raised more than expected to 6.40 kronor per share. Other figures were in line with consensus. The company expects currency effects on revenue in the first quarter to be -11 percent compared to the same period last year, with a dilutive effect on operating margin in the first quarter.

Defense company Saab raised its targets for 2023-2027. Organic sales growth (CAGR) is now expected to be around 22 percent. Furthermore, growth in operating profit (EBIT) is expected to exceed organic sales growth, and cash flow conversion should be at least 60 percent. Saab fell 1.9 percent.

Live casino developer Evolution's adjusted EBITDA amounted to 341.5 million euros, in line with consensus. The company announced it would postpone its dividend proposal. The stock fell 6.1 percent.

Construction company NCC's report was in line with its preliminary announcement. The regular dividend was unchanged at 9 kronor per share. This year, an extra dividend of 2 kronor per share was also declared. NCC slumped 9.9 percent.

Industrial supplier Mildef's adjusted EBITA was slightly higher than expected at 150.8 million kronor. However, order intake missed expectations. The dividend was raised to 0.75 kronor per share. Mildef soared 11.9 percent.

Technology company Dynavox jumped 12.7 percent. The company proposed a dividend of 0.50 kronor per share. EBITDA increased 15.1 percent to 160 million kronor.

In addition to the many earnings reports, a series of recommendation changes were announced.

Lundin Mining fell 4.6 percent after Paradigm downgraded the stock to hold from buy.

Handelsbanken's A share dropped 4.4 percent after SEB downgraded it to sell.

Loomis rose 2 percent after SEB upgraded the stock to buy.

SB1 Markets initiated coverage of Embracer with a neutral rating, with the stock falling 1.5 percent.