The Stockholm Stock Exchange is trading lower at midday on Friday, extending Thursday's decline. The trend is in line with leading European bourses. Next on the agenda is the US employment report for April, scheduled for release at 2:30 PM this afternoon.

At around 1:00 PM, the OMXS30 index was down 1.21 percent at 3,073.71. Adjusted for dividends, the OMXS30 index fell 1.09 percent. Shares worth approximately SEK 7.8 billion changed hands on the Stockholm Stock Exchange.

Energy was the best-performing major industrial sector, posting a 0.4 percent gain. At the other end of the spectrum, basic materials lagged, falling 1.7 percent.

Among the blue-chip stocks in the OMXS30 index, Telia rose 0.4 percent while ABB edged up 0.1 percent. Boliden saw the weakest performance, dropping 4.3 percent, while Hexagon B fell 2.9 percent.

Mining company Boliden was weighed down by a new seismic event at its Garpenberg mine in Hedemora.

The flow of earnings reports was lighter on Friday than earlier in the week. Real estate company Balder reported a 3 percent increase in adjusted income from property management for the first quarter. The stock is down 1.4 percent.

Sector peer Sagax saw its income from property management decline by 2 percent in the first quarter. The company reiterated its guidance for income from property management of SEK 4.5 billion for the full year 2026. The stock is sliding 4.9 percent.

Optical retailer Synsam beat market expectations for EBITDA, while sales were in line with forecasts. EBITDA came in at SEK 400 million against an expected SEK 393 million. Organic sales growth stood at 5.6 percent. The stock was down 5.5 percent.

Diamond miner Lucara Diamonds saw its revenue decline in Q1. The company reaffirmed its full-year outlook, with revenue still expected to be between USD 100 million and USD 130 million. The stock is retreating 0.2 percent.

Industrial technology firm Karnell reported organic growth of 13.1 percent in Q1. EBITDA increased nearly 50 percent to SEK 87.4 million. The stock is climbing 17 percent.

Automotive safety company 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 is taking a one-time charge of USD 142 million. The stock was down 0.5 percent.

Home improvement chain Clas Ohlson's sales figures for April showed an organic increase of 9 percent to SEK 929 million. The stock rose initially but has since lost ground and is down 2.0 percent.

Research company Bioarctic announced that the US FDA has extended the review of Leqembi Iqlik as a starting dose for the treatment of early Alzheimer's disease. The new PDUFA date is August 24, compared to the previous target for a decision in May. The stock is shedding 4.9 percent.

On the analyst front, Kepler Cheuvreux has upgraded Hufvudstaden to buy from hold. The stock is up 0.7 percent.

Kepler Cheuvreux also raised FM Mattsson to buy from hold. The stock is up 0.2 percent.