The Stockholm Stock Exchange trended upward on Thursday, snapping a two-day losing streak. Rising international markets contributed to the positive momentum.

In corporate news, EQT is selling shares in Beijer Ref to Melker Schörling, while Vestum announced a multi-billion kronor divestment. Oil prices remained volatile following new developments in the Iran conflict, where Donald Trump threatened further attacks and a potential seizure of the strategically vital Kharg Island.

At the close, the OMXS30 index was up 0.34 percent to 3,064.42. Shares worth approximately SEK 21.4bn were traded on the Stockholm exchange.

Energy was the best-performing major industrial sector, posting a gain of 1.8 percent. Conversely, real estate lagged at the bottom of the table, declining 1.1 percent.

Among the leading stocks in the OMXS30 index, Boliden rose 2.4 percent while Saab B gained 2.1 percent. Hexagon B saw the weakest performance, falling 2.5 percent, while SCA B dropped 1.8 percent.

Private equity firm EQT has entered into an agreement to sell its entire holding of unlisted A-shares in cooling wholesaler Beijer Ref to Melker Schörling AB (MSAB) at an undisclosed premium. In connection with the deal, Peter Jessen Jürgensen is also selling his A-shares, with a portion being exchanged for B-shares from EQT. Following the transaction, EQT will remain a shareholder with just over 30.7m B-shares. Beijer Ref rose 4 percent, while EQT fell 1.5 percent.

Vestum has reached an agreement to sell Flowa Technology to private equity firm Nordic Capital for SEK 6.5bn in cash on a cash- and debt-free basis. In conjunction with the deal, Vestum's board has appointed Conny Ryk as the new CEO, effective immediately. The stock surged 27 percent.

Camurus announced that the U.S. Food and Drug Administration (FDA) has issued a Complete Response Letter regarding the company's New Drug Application for CAM2029 (Oclaiz) for the treatment of acromegaly. The stock fell 2.9 percent.

Theope Seed Capital increased its holding in blood analysis company Cellavision by 125,000 shares on June 8-9, a transaction valued at SEK 16m. Theope is linked to Cellavision founder and board member Christer Fåhraeus. The stock rose just over 4 percent.

NCC has been commissioned by Gnesta Municipality to build a new water treatment plant and a raw water pumping station. The order value amounts to approximately SEK 120m. NCC shares increased 1.5 percent.

Construction firm Skanska is divesting a self-developed rental housing project on Hisingen in Gothenburg to the Folksam Group through KPA Pension for approximately SEK 500m. The stock slipped 0.3 percent.

Pareto Securities has upgraded Volvo to Buy from Hold. The upgrade follows yesterday's capital markets day, after which Volvo's share price saw a marked decline. Pareto views the sell-off as overdone. The stock rose 1 percent.

Kepler Cheuvreux has downgraded Investor to Hold from Buy, with a target price of SEK 403 (previously SEK 385). The stock was down 0.5 percent.