After record high, decline expected in the stock market

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After record high, decline expected in the stock market
Photo: Pontus Lundahl/TT

After Friday's sharp rise to a record high, the Stockholm Stock Exchange now looks set to start the trading week with a slight decline. Pre-market trading on IG Markets indicates a decline of around 0.7 percent.

This weekend's developments in the Middle East, including the US seizure of an Iranian cargo ship, have caused oil prices to rise slightly. European gas prices are also rising again after a sharp decline on Friday following news that the Strait of Hormuz would reopen.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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