Stock market rises slightly on hopes for US-Iran ceasefire

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Stock market rises slightly on hopes for US-Iran ceasefire
Photo: Claudio Bresciani/TT

Investors are awaiting word on an extended ceasefire between the US and Iran. According to Bloomberg, there is an agreement for a 60-day ceasefire that is now awaiting signature.

Among the OMXS30 companies, Boliden leads the way with an increase of 1.0 percent. During the day, it was announced that the company will be allowed to continue extracting copper in Nautanen, Norrbotten.

Going the other way, Ericsson is down 0.8 percent. Defense group Saab is also losing some ground after yesterday's strong rise, with its share down 0.5 percent.

Among the smaller companies, Sivers Semiconductors has both fallen and risen during the trading day. This morning's interim report initially triggered a price drop, but by the afternoon its share was up 10 percent. Sivers Semiconductors has risen almost 1,800 percent since the beginning of the year.

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

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