Saab takes off on the Stockholm Stock Exchange

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Saab takes off on the Stockholm Stock Exchange
Photo: Fredrik Sandberg/TT

This weekend's announcement that Colombia will buy Gripen planes has sent Saab shares soaring. The stock is the winner of the day on an otherwise quiet stock market.

Saab shares rose almost 5 percent, making them the best performers on the OMXS30 list. Clothing giant H&M, which fell 1.1 percent, was the main loser.

There are otherwise small market movements on the Stockholm Stock Exchange in the initial trading. Internationally, pre-trading on the New York Stock Exchange indicates a certain upturn.

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By TTEnglish edition by Sweden Herald, adapted for our readers

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