At the end of last week, inflation figures from the US came in worse than expected, which seems to have led to a decline in the world's stock markets.
The Stockholm Stock Exchange was no exception.
On the heavyweight list, OMXS30 index, there were only two companies that closed the day on a positive note: the forest giant SCA and the tobacco company Swedish Match went up 0.8 and 0.2 percent, respectively.
The rest of the 28 shares retreated.
At the bottom was the medical technology company Getinge, down 8.0 percent, followed by the white goods manufacturer Electrolux and the car safety company Autoliv - down 4.7 and 4.5 percent, respectively.
Heavy loss for SBB
Even outside the large company list, there were mostly red numbers.
The real estate group SBB announced before opening that it will review its holding in the housing company JM.
The announcement caused the share in SBB to fall by 11.1 percent.
E-retailers Nelly and Boozt, who warned of a profit last week, both backed down.
For Boozt, the fall slowed somewhat and the share closed at just under minus, down 0.1 percent, while for Nelly it was a heavier day on the stock market: down 7.8 percent.
On Monday, the news also came that Nelly's CEO Kristina Lukes may leave the company.
Downwards also in Europe
The Paris Stock Exchange's CAC40 index fell 2.7 percent and the London Stock Exchange's FTSE100 index fell 1.5 percent.
The DAX index on the Frankfurt Stock Exchange was minus 2.4 percent at 6 p.m.
On the Asian stock markets, it was just as gloomy.
The Nikkei 225 closed at minus 3 percent and the Hong Kong Stock Exchange at minus 3.4 percent.
The Kospi index in South Korea fell 3.5 percent.