The Stockholm Stock Exchange appears set to open the final trading day of the week in negative territory, with global geopolitical developments expected to drive market sentiment.

As is often the case, Donald Trump remains at the center of developments. In addition to issuing a new deadline to the EU for the reduction of tariffs (July 4), the President stated that the ceasefire with Iran remains in effect despite Thursday's attacks.

New macroeconomic data showed that Swedish industrial production and household consumption both increased on an annual basis in March.

Euro Stoxx 50 futures are down 0.66 percent, FTSE 100 futures are retreating 0.75 percent, and DAX futures are falling 0.74 percent.

The earnings season has been somewhat quieter on Friday morning. Results were released by real estate firm Balder, which reported lower profit from property management now that Norion Bank is no longer included in the results from associated companies.

Furthermore, the optical retail chain Synsam reported revenue in line with market expectations. Ebitda came in higher than anticipated at 400 million SEK.

Industrial technology group Karnell reported organic growth of 13.1 percent in Q1. Ebitda increased by nearly 50 percent to 87.4 million SEK.

Diamond mining company Lucara Diamond saw its revenue decline in Q1. The company reiterated its full-year outlook, with revenue still expected to land between 100 and 130 million USD.

Home improvement chain Clas Ohlson released sales figures for April. Sales increased organically by 9 percent to 929 million SEK.

Research company Bioarctic announced that the U.S. Food and Drug Administration (FDA) has extended the review of 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 for a decision in May.

Analyst activity was more subdued than usual this morning, with few changes in recommendations communicated. Inderes has taken the opportunity to upgrade Stora Enso to 'accumulate' from 'reduce', while slightly lowering the target price to 10.50 EUR (11).