OMXS-index has at eleven o'clock gone up 1.5 percent and thus this year's decline on the Stockholm stock exchange has been virtually completely erased.
Among the most traded shares in the OMXS30-index, Saab is rising by 1.4 percent since Swedish Radio Ekot reported unconfirmed information that Peru has decided to buy 24 Jas Gripen planes. Saab has also received a new agreement on a training center for the Danish defense worth 680 million kronor.
Other heavy winners are the appliance manufacturer Electrolux and the engineering company Atlas Copco, up 3.3 and 2.9 percent respectively.
Positive signals from both the Chinese government and the White House about a trade agreement between the world's two largest economies are boosting the mood among investors globally.
A new tariff offer has also been made by the USA to the EU Commission, according to Bloomberg – but what the EU countries will do with this is still unclear. EU sources describe the offer as "unbalanced" and many expect the negotiations to continue after the deadline Donald Trump previously announced with his "tariff pause" until July 9.
It was also a thumbs up on the market for a tax agreement between the G7 countries, which means that American companies will be exempt from certain taxes abroad in exchange for the Trump administration backing down from a disputed tax proposal that would have effectively meant a penalty tax on foreign investors in the USA.
The stock exchanges on Wall Street closed clearly upwards on Thursday, while the development on leading Asian stock exchanges during the night until Friday has been mixed.
In the afternoon, new inflation figures from the USA will be released, which can affect the stock market mood and market interest rates – as they are important decision-making basis for future interest rate decisions at the US central bank Federal Reserve (Fed).
