The Stockholm Stock Exchange opened near the flatline on Tuesday as investors await new market catalysts. A decline in oil prices of over one percent provided some support to broader sentiment.

As of 09:18 CET, the blue-chip OMXS30 index was down 0.11 percent at 3,103.40. Shares worth approximately SEK 1.1 billion had changed hands on the exchange.

Among major industrial sectors, engineering led the gains with a 0.1 percent rise. At the other end of the spectrum, healthcare lagged, dropping 1 percent.

Within the OMXS30 index, H&M B rose 1.1 percent, while Sandvik gained 1.1 percent. Hexagon B was the worst performer, falling 3.2 percent, followed by Boliden, which shed 2.3 percent.

Discount retailer Rusta tumbled 4.5 percent following its year-end report, which showed increased revenue and improved earnings for the fourth quarter of the 2025/26 broken fiscal year. The company proposed an increased dividend of SEK 1.80, up from SEK 1.45. According to Ålandsbanken, the results missed market expectations. CEO Cathrine Wigzell further noted that sales trends in May, following the end of the quarter, remained stable with continued gross margin expansion.

Defense firm Saab has agreed to divest its Public Safety Solutions business to Norway's Omda. The transaction, which includes software solutions, the customer base, and approximately 75 employees, is expected to close in the fourth quarter of this year. The stock fell 1.6 percent.

AstraZeneca is moving forward with a comprehensive Phase 3 program for elecoglipron following positive Phase 2b results in obesity and type 2 diabetes. The stock eased 1.7 percent.

Sivers Semiconductors climbed 4 percent. The company secured a production order from All.Space valued at USD 8.2 million, equivalent to approximately SEK 77 million, with deliveries running through 2027.

Medtech company Sectra is set to deliver its cloud-based medical imaging solution, Sectra One Cloud, to four healthcare providers in Ontario, Canada. The stock was down 0.5 percent.

Construction group Peab has been commissioned by Akademiska Hus to renovate Universum, a central meeting point at Campus Umeå. The contract is valued at SEK 348 million. The stock slipped 0.8 percent.

In morning analyst action, Nordea initiated coverage on Clas Ohlson with a 'buy' rating and a price target of SEK 440. The stock rose 2 percent.

Goldman Sachs resumed coverage on Boliden with a 'sell' rating and a price target of SEK 468.