Of the heavyweights on the OMXS30 index, the mining company Boliden is performing the strongest and is up 1.7 percent. Also Astra Zeneca, which over the weekend made an agreement with the Trump administration to lower the prices of prescription drugs in the USA, is going upwards and is at a plus of 0.7 percent.
It is going worse for the defense group Saab which is backing down 1.4 percent, possibly influenced by the ongoing peace process in the Middle East where Hamas during the morning released several of the Israelis who have been held hostage for over two years.
Also Tele2 is backing down, 1.3 percent, after a lowered recommendation from SEB.
On Friday, the President of the USA Donald Trump threatened to introduce tariffs of 100 percent on Chinese imported goods which resulted in negative reactions on Wall Street.
The New York stock exchange's broad S&P 500 index backed down 2.7 percent on Friday, the largest decline in a single trading day since April. Nasdaq's composite index lost even more, down 3.6 percent, since giants like Apple and Amazon fell hard, down 3.5 and 5.0 percent respectively. The Dow Jones industrial index backed down 1.9 percent.
Donald Trump took a small step back over the weekend regarding the tariff threat against China but despite this, even the leading stock exchanges in Asia have backed down during the night and morning.
The concern on the stock exchanges has once again had the effect that the gold price is rising. On Monday morning, an ounce of gold costs 4,068 dollars.
A dollar costs 9.52 kronor on the morning and a euro costs 11.05 kronor.
