The broad OMXS index fell by 0.3 percent on Monday, similar to the development on several of the leading European stock exchanges.
Several Swedish industrial giants experienced a rough development during the trading day. For example, ABB fell by 1.0 percent, while SKF dropped by 1.3 percent.
Volvo Cars also fell significantly during the day, and had fallen by 3.5 percent by the close.
Several profit warnings have characterized the automotive industry in recent times. Last week, German Volkswagen issued such a warning, and on Monday it was Stellantis, owner of, among others, Peugeot and Fiat, who wrote down their profitability forecasts.
A majority of the shares on OMXS30 fell during the day, and the index ended the day down by 0.5 percent overall.
Against the trend, less cyclical-sensitive companies such as paper product manufacturer Essity and telecom operator Telia rose by 1.5 and 0.7 percent, respectively.
In the afternoon, new German inflation statistics were released, where the price increase rate fell further, which may indicate that Europe's growth engine continues to lose momentum.
