The Stockholm stock exchange opened with modest gains in early Monday trading, led by strength in the mining sector.

Boliden shares rose 1.8% at the open, while industrial equipment manufacturer Epiroc climbed 0.7%, providing initial upward momentum to the broader index.

Home security provider Verisure also featured in early trading activity following the release of its half-year financial figures.

The cautious tone reflects a market digesting corporate updates after a weekend that saw significant M&A activity, including dual takeover bids that set the stage for the week.

The opening session follows a period of heightened deal-making interest, with Ambea’s bid for rival Humana keeping M&A sentiment alive.

While Ambea’s own shares traded sideways, the target’s stock surged on the news, highlighting the continued appetite for consolidation in the Nordic market.