When the Stockholm Stock Exchange closed for the week, the broad OMXS index had risen by 0.7 percent, in line with the larger European stock exchanges.
Early in the afternoon, Jerome Powell held his highly anticipated speech at the central bank meeting in Jackson Hole and stated that the time for interest rate cuts has come.
On the Stockholm Stock Exchange's heavyweight list, with the most traded shares, there were clearly more winners than losers.
Among the shares that performed best, Nibe stood out, up 3.1 percent. Bank shares performed strongly overall, with Swedbank at the top, up 1.6 percent.
At the other end, medical technology company Getinge fell back after yesterday's rise, down 1 percent. Another loser was Alfa Laval, down 2.5 percent after a negative analysis by Nordea, which Dagens industri picked up.
The krona strengthened against the dollar after the Fed chief's speech and was up 8 öre to 10.16 kronor per day when the Stockholm Stock Exchange closed.
