The Stockholm Stock Exchange retreated on Friday, extending Thursday's decline. The trend mirrored major European markets in Frankfurt and Paris, while London saw a more moderate pullback. U.S. employment data for April came in stronger than expected but failed to provide significant impetus for the Stockholm market.

At the close, the blue-chip OMXS30 index was down 1.21 percent at 3,073.69. Adjusted for dividends, the OMXS30 fell 1.09 percent. Shares worth approximately SEK 24.2 billion changed hands on the Stockholm exchange.

Energy was the best-performing major industrial sector, gaining 1.8 percent. At the other end of the spectrum, basic materials lagged with a 1.8 percent decline.

Among leading shares in the OMXS30 index, ABB rose 1.2 percent while Handelsbanken A edged up 0.2 percent. Saab B was the worst performer, falling 4.4 percent, while Boliden dropped 4.0 percent.

Mining company Boliden was weighed down by a new seismic event at its Garpenberg mine in Hedemora. In March, four people were injured following a rockfall at the same mine.

Technology firm Silex, which surged 178 percent during its trading debut on Thursday, saw renewed momentum on Friday as the stock climbed a further 33 percent.

The flow of corporate earnings was lighter on Friday than earlier in the week. Real estate company Balder reported a 3 percent increase in adjusted profit from property management for the first quarter. The stock slipped 0.2 percent.

Sector peer Sagax saw its profit from property management decline by 2 percent in the first quarter. The company reiterated its guidance for a profit from property management of SEK 4.5 billion for the full year 2026. The shares fell 3.9 percent.

Optical retailer Synsam beat market expectations for EBITDA, while sales were in line with forecasts. EBITDA reached SEK 400 million against an expected SEK 393 million. Organic sales growth stood at 5.6 percent. The stock lost 7.0 percent.

Industrial technology group Karnell reported organic growth of 13.1 percent in Q1. EBITDA increased by nearly 50 percent to SEK 87.4 million. The shares climbed 14 percent.

Generics company EQL Pharma saw its operating profit fall sharply despite rising revenue. The stock was hit hard, plunging 42 percent.

Diamond miner Lucara Diamonds reported lower revenue for Q1. The company reiterated its full-year outlook, with revenue still expected to fall between USD 100 million and USD 130 million. The stock closed unchanged.

Automotive safety supplier Autoliv will gradually phase out its manufacturing operations in Turkey as part of its strategy to align production capacity with future market needs in the EMEA region. As a result, the company will incur one-off costs of USD 142 million. The shares retreated 0.3 percent.

Home improvement chain Clas Ohlson reported April sales figures showing organic growth of 9 percent to SEK 929 million. The stock initially rose but reversed gains to close 1.5 percent lower.

Research company Bioarctic announced that the U.S. FDA has extended the review period for Leqembi Iqlik as a maintenance dose for the treatment of early Alzheimer's disease. The new PDUFA date is August 24, compared to the previous target of May. The shares dropped 4.3 percent.

On the analyst front, Kepler Cheuvreux upgraded Hufvudstaden to 'buy' from 'hold'. The stock rose 0.8 percent.

Kepler Cheuvreux also upgraded FM Mattsson to 'buy' from 'hold'. The shares gained 1.4 percent.