The Stockholm Stock Exchange opened higher on Monday, tracking gains on Wall Street during the long weekend. The London Stock Exchange is closed today for a bank holiday, which is expected to weigh on trading volumes.

Over the weekend, President Donald Trump announced the introduction of new 25 percent auto tariffs on European manufacturers. Furthermore, reports have emerged that the Pentagon is considering the withdrawal of 5,000 U.S. troops from Germany.

As of 09:06 CET, the blue-chip OMXS30 index was up 0.42 percent at 3,073.41. Shares worth approximately SEK 1.7 billion had changed hands on the Stockholm bourse.

Technology led the gains among major industrial sectors, rising 1.1 percent. At the other end of the spectrum, energy lagged behind, falling 0.6 percent.

Among the leading constituents of the OMXS30 index, Saab B rose 3.2 percent, while EQT gained 2.3 percent. Astra Zeneca performed the worst, shedding 0.7 percent, while Evolution declined by 0.7 percent.

Defense contractor Saab may be nearing one of its largest deals ever, involving up to 150 Gripen fighter jets for Ukraine. CEO Micael Johansson disclosed this on the SVT program 'Alex möter' with Alexander Norén, stating that an agreement could be finalized within a few months.

Construction group Skanska has signed an agreement with atNorth to expand a data center in Espoo, Finland, with a contract value of SEK 1.1 billion. Skanska has also secured an order for the Hudson Tunnel Project in New York, worth SEK 3.4 billion to the company. The stock rose 1.2 percent.

Trimco Group has launched a takeover bid for all shares in label manufacturer Nilörn at SEK 77 per share. This represents a premium of 53 percent over the last closing price. The board recommends that shareholders accept the offer. The stock surged 50 percent to SEK 75.30.

The board of gambling supplier Hacksaw has decided to dismiss President and CEO Christoffer Källberg. Board member Ana Vrabic Verdir will take over as acting CEO. Hacksaw has initiated a comprehensive recruitment process to appoint a permanent successor. The announcement was made after Thursday's close. The stock fell 7 percent.

Cybersecurity firm Yubico and AI company OpenAI are entering into a long-term partnership regarding hardware-based authentication. OpenAI users can now purchase specially designed security keys to protect their accounts against phishing attacks. The stock increased by over 14 percent.

Poultry company Scandi Standard has acquired Danbroiler, which has a turnover of SEK 86 million and a capacity of 3.5 million chickens per year. The stock retreated 1.6 percent.

Investment company Ratos reported adjusted EBITA for the first quarter of 2026 that exceeded analyst expectations. Revenue was in line with consensus. The stock rose 2.6 percent.

Real estate company Stendörren reported a solid increase in rental income and profit from property management in the first quarter compared to the same period last year. The stock edged up 0.3 percent.

Automaker Volvo Cars was down 1.1 percent.

On the analyst front, Handelsbanken has upgraded Camurus to 'buy' from 'hold', raising the price target to SEK 700 from SEK 600. The stock climbed 4.5 percent.

Pareto has upgraded its recommendation for Paradox to 'buy' from 'hold'. The stock rose by over 3 percent.

Dagens Industri recommends a 'buy' for lock manufacturer Assa Abloy in its 'Stock of the Week' column. The stock is up 0.4 percent.