The mood in the market is generally characterized by great uncertainty about the Trump administration's tariffs, where decisive messages are expected regarding, among other things, tariffs on EU goods from US President Donald Trump this week.
During the night's trading on leading Asian stock exchanges, the development has been largely downward.
The retail chain Clas Ohlson has reported an increase in net sales in June to 921 million kronor, up from 853 million a year earlier. The stock rises 1.8 percent.
Real estate companies Wihlborgs and Fabege are moving in different directions after reporting interim reports for the second quarter of the year ahead of the stock market opening. Real estate company Wallenstam will report at lunchtime on Monday.
The oil price is being pushed downward since the oil cartel Opec-plus – with Saudi Arabia and Russia at the forefront – decided over the weekend to increase oil production by 548,000 barrels per day from August. This was more than the expected increase of 411,000 barrels per day. A futures contract for delivery of so-called Brent oil next month falls to 68 dollars per barrel.
US President Donald Trump has declared overnight that additional tariffs of 10 percent will be imposed on countries that support the Brics countries' "anti-American" policy.
The krona started the week downward, but strengthened a few öre against both the dollar and the euro after an unexpectedly high preliminary inflation figure for June from Statistics Sweden (SCB). High inflation can stop cuts in the Swedish Central Bank's interest rate that the market has counted on this year, which strengthens the krona.
On Friday, the Stockholm stock exchange's OMXS index fell by 0.5 percent. With Monday's decline, the index is up 0.8 percent since the turn of the year.
