Among the most traded stocks in the OMXS30 index, the development was mixed, with about half closing on the plus side. At the top was the defense group Saab, which rose 2.1 percent. Over the weekend, reports emerged that US President Joe Biden had given Ukraine the green light to use American long-distance drones against targets within Russia.
The major banks also performed well, with the exception of SEB, which fell 0.2 percent. Swedbank and Handelsbanken rose 0.9 and 0.7 percent, respectively, following the American financial company Citigroup's raised target prices for several Swedish banks.
In the opposite direction, Nibe fell heavily, down 4.5 percent. As early as Friday, in connection with Nibe's quarterly report, the company's stock fell, and now several analysts have lowered their target prices for the company's share.
Index-heavy H&M fell 1.4 percent.
On the leading European stock exchanges, the development was mixed, but the index movements were relatively small. The London Stock Exchange performed best, with an increase of around 0.5 percent.
