Among the losers in Stockholm, the automation concern ABB stands out with a minus of 4.9 percent. The engineering company Atlas Copco, which is a major supplier to data chip manufacturers, saw both its shares fall by 3.2 and 1.9 percent, respectively.
Over the weekend, the Chinese AI company Deepseek received a lot of attention for a new AI app. This raises the question of how dominant the American tech giants' position is.
At the close in Stockholm, the tech-heavy Nasdaq composite index in New York had fallen by 3.2 percent, with significant declines for leading tech companies in some cases.
On the leading European stock exchanges, Frankfurt and Paris were in the red, while London hovered around zero.
Other losers in Stockholm's tech downturn were Munters, down 14 percent. The company delivers, among other things, equipment when IT giants build server halls.
However, the decline was not entirely broad. Among the 30 heavyweights on the OMXS30 list, 16 ended in the red. Among the winners were the medical technology company Getinge, up 1.9 percent, as well as the white goods manufacturer Electrolux and game developer Evolution, both up 1.8 percent.
At the same time, market interest rates are falling sharply globally as money flows into safer investments. This is causing the interest-rate-sensitive real estate companies to rise.
