Stockholm equity markets opened in negative territory on Wednesday, reversing the modest gains recorded earlier in the week.
The downturn was driven by broader risk-off sentiment following a weak open in US markets, where technology stocks led a broad-based decline on Tuesday.
The negative tone from Wall Street spilled over to Nordic trading, with the OMX Stockholm 30 index slipping at the open.
Investors appear cautious as the US downturn persists, weighing on regional sentiment.
Ambea shares traded sideways after the company announced a bid for competitor Humana, whose stock surged on the news.
The M&A activity provided a focal point for domestic trading, though it was not enough to offset the broader market weakness.