The Stockholm Stock Exchange once again experienced volatile trading, ending Friday with a clear decline following a weak finish to the trading day. Leading European markets also closed in the red. Brent crude was trading around 102 dollars per barrel at the close.

At the closing bell, the OMXS30 index was down 1.45 percent to 3,018.72. Shares worth approximately 21.1 billion kronor changed hands on the Stockholm exchange.

Among the major industrial sectors, telecommunications performed best with a 0.6 percent gain. At the other end of the scale, commodities bottomed out with a 2.7 percent decline.

Among the leading stocks included in the OMXS30 index, EQT rose 3.0 percent while Telia was up 0.9 percent. Sandvik saw the weakest performance, falling 6.3 percent, while Epiroc A dropped 4.0 percent.

The Rausing family, one of Sweden's wealthiest, has increased its stake in private equity firm EQT to just over 5 percent of the shares. The family is not known for investing in listed stocks; beyond EQT, the family has long controlled nearly 30 percent of the shares in Alfa Laval.

The share price of payment solutions company Klarna, the most significant investment for investment firm Flat Capital, rose sharply in New York after Klarna chairman Michael Moritz purchased shares for 50 million dollars. Flat's stock increased by 7.7 percent.

The Liberal Party has changed its stance and will now accept the Sweden Democrats taking a place in a new Tidö government following the September election. The SD has previously served as a support party outside the government.
The agreement includes a total of 15 points, including the phasing out of profits in schools, the nationalization of the school system, and the introduction of a new form of association. On the stock market, listed education companies Academedia fell 1.7 percent, while Cedergrenska dropped 4.6 percent.

Investment company Svolder's net asset value, including reinvested dividends, decreased by 6.4 percent in the second quarter. This underperformed the Carnegie Small Cap Return Index, which decreased by 1.9 percent. The company reports its net asset value weekly. The stock fell 3.0 percent.

Housing platform Hemnet saw its turnover decrease by 21.7 percent in February compared to the same month last year. The stock lost 2.4 percent.

Real estate company SBB is significantly downsizing its organization following the transaction with Public Property Invest, a deal completed in December last year. The number of employees will shrink to 29 from a previous 146, with remaining operations primarily covering development and central staff functions. The stock traded up 1.7 percent.

Technology company Ovzon rose 1.2 percent after receiving an order from the U.S. military worth 12 million kronor.

Defense technology company W5 Solutions is acquiring Finnish KT-Shelter for a purchase price of 237 million kronor. The company is also in the final stages of negotiating two orders with a total value of 274 million kronor. W5 has also completed a directed share issue of 100 million kronor to finance the acquisition. The subscription price of 50 kronor corresponds to Thursday's closing price. The stock increased 5.8 percent.

Drug development company Cinclus Pharma has entered into a financing agreement with Claret Capital Partners for up to 28 million euros. The capital will be used to accelerate the final stage of the company's Phase 3 program and to fund development and market preparations for the drug candidate linaprazan glurate. The stock rose 4.8 percent.

Telecom supplier Ericsson rose 0.7 percent. Nordea raised its recommendation to buy from the previous hold. The target price is set at 120 kronor.

Game developer Coffee Stain increased 2.8 percent. Aktiespararna issued a buy recommendation with a target price of 21 kronor.