The Stockholm Stock Exchange opened in sideways trading on Monday, failing to capitalize on the artificial intelligence rally that swept through Wall Street and Asian markets over the weekend.
Investors appeared cautious at the start of the week, with the broader index showing minimal movement as the market digested the previous session's global gains.
Individual stock action provided the primary direction for the session.
Shares of audiobook publisher Storytel rose after the company issued a raised forecast, signaling stronger-than-expected growth in its subscription business.
The positive guidance helped offset the lack of momentum in the broader index.
Conversely, consumer goods company Essity faced downward pressure after being downgraded by analysts.