The Stockholm stock exchange rose on Wednesday, but the increase was dampened by declines in telecom equipment manufacturer Ericsson and a few other industrial giants.
The broad OMXS index closed at plus 0.4 percent.
The Ericsson share, which is heavily weighted in the index, fell 1.2 percent after a write-down of SEK 11.4 billion of the company's disputed acquisition of Vonage. The write-down came two weeks before Ericsson's interim report for the second quarter and followed an even larger adjustment of Vonage's value last year of SEK 32 billion.
At the same time, defense conglomerate Saab and mining company Boliden rose 2.2 and 1.7 percent, respectively, among the heavyweights.
Car manufacturer Volvo Cars fell 6.2 percent after new sales figures for June.
The Tokyo stock exchange's Topix index closed at a new all-time high. Large price increases for Taiwanese technology companies such as Foxconn and TSMC lifted the Taiwanese stock exchange to new record levels at the same time.
Even on Wall Street, new all-time highs were set on Wednesday by both the Nasdaq and the broad S&P 500 index. However, traders on Wall Street will take a break on Thursday, as it is the US Independence Day.
For the OMXS index, there is still a way to go to reach the historical high at the end of 2021. The index rose 0.5 percent on Wednesday and is now up 8.7 percent since the turn of the year. However, to reach the record, a further increase of around 6 percent is required.
On the leading European stock exchanges, the trend was positive. Indices in Frankfurt, London, and Paris rose between 0.5 and 1 percent.
