The loss came after some very strong stock market weeks at the end of April.

- Last week, signals came out that things were going up a bit without improving the underlying economy. At that time, many people chose to sell, which was triggered by Trump's actions, says Martin Guri, stock strategist at the analysis firm Kepler Cheuvreux.

On Friday, the US president claimed at a press conference that the corona virus came from a lab in China, a play that was then repeated both by himself and by Foreign Minister Mike Pompeo. It raised fears that a new trade war is underway between the US and China.

Sad news

On Monday morning, more bad news came, as the purchasing manager's index for Sweden's manufacturing industry continued to fall, to 36.7. Two months ago, the figure was 52.7.

- This is how it will be a few more months, but it is worth remembering that China was at the low level two months ago. Now they are back around 50, says Martin Guri.

TT: What is the advice to the small saver in this turbulent stock market situation?

- Always maintain the long-term focus. Today, it makes sense to buy if you are long-term. When it was the worst in April, they probably made the best purchases in a long time, says Martin Guri.

The majority of the shares on the large company index OMXS30 fell sharply. Worst of all, the major banks went with SEB as the biggest loser - the share plunged 8.2 percent. Handelsbanken, Nordea and Swedbank lost between 6 and 7 percent-

Not so bad in London

At the bottom of the OMXS30 were also car safety giant Autoliv and appliances manufacturer Electrolux, which went down 6.8 and 6.7 percent, respectively. Index-heavy clothing giant Hennes & Mauritz fell 6.1 percent.

Tobacco company Swedish Match went against the stream and rose 2.8 percent. The lock giant Assa Abloy also closed on the plus: up 1.0 percent. Several analysis houses have increased their recommendations regarding the stock in recent times.

The leading European exchanges followed the same path as the Stockholm Stock Exchange, but the decline in London was marginal. The FTSE100 index lost 0.2 percent. In Frankfurt, the DAX index fell 3.6 percent and in Paris the CAC40 index fell 4.2 percent.