The Stockholm Stock Exchange opened Friday's session with a robust rally. In the news flow, the initial public offering of Tången is showing significant strength, while Duni has issued a profit warning and Svolder has released its interim report.

The trend is mirrored across leading European markets. Wall Street performed strongly yesterday evening following increased optimism regarding peace in the Iran conflict.

U.S. President Donald Trump claims that the war with Iran is over and that a deal has been finalized. The statement follows Trump's decision on Thursday to cancel planned strikes against Iran, noting that significant progress has been made in peace negotiations and that other regional players, including Israel, have agreed to the terms of the deal.

At approximately 09.30, the OMXS30 index was up 1.87 percent to 3,121.72. Shares worth approximately SEK 2.7bn were traded on the Stockholm Stock Exchange.

Among the major industrial sectors, industrials and financials saw the best performance, each rising 2.0 percent. Conversely, the energy sector lagged at the bottom, falling 3.0 percent.

Among the leading stocks in the OMXS30 index, Sandvik rose 3.3 percent while Boliden gained 3.1 percent. The weakest performers were Saab B, down 0.7 percent, and Telia, which declined 0.2 percent.

The IPO of Tången Industrikapital is trading strongly in its Friday debut. The offering was oversubscribed several times, and the company gained 4,000 new shareholders. The stock is climbing by over 14 percent compared to the subscription price of SEK 67.

Consumer products company Duni warned that its second-quarter operating result is expected to fall short of market expectations due to extensive logistical disruptions related to a new logistics center in Germany. The negative impact on earnings is estimated at SEK 50-70m for the quarter. The stock is down 3.3 percent.

Investment firm Svolder's net asset value increased by 7.8 percent in the third quarter, significantly outperforming its benchmark index, which rose 2.9 percent. CEO Tomas Risbecker sees increasing signs that conditions for Swedish small and medium-sized companies are gradually improving. The B-share is up 4.5 percent.

Housing platform Hemnet reported a 27 percent decline in revenue for May. The number of published property listings decreased by 20 percent. The stock is falling 3.8 percent.

Measurement technology company Hexagon has acquired Itres, a Canadian provider of airborne hyperspectral and thermal imaging systems. The acquisition adds revenue of €13m. The stock is up 1.3 percent.

SB1 Markets has released analyses on eight Swedish real estate companies. Among the new coverage, Neobo and Nivika received buy ratings. The only rating change concerns Wallenstam, which was downgraded to neutral from buy. Neobo is up 2.1 percent and Nivika is rising 2.7 percent. Wallenstam gained 1.1 percent, despite the downgrade.

ABG Sundal Collier initiated coverage on Rusta with a buy rating. The stock is up 4.3 percent.

Kepler Cheuvreux upgraded Getinge to buy from hold. The stock is increasing 4.4 percent.

Barclays upgraded Avanza to overweight from equal weight. The stock is climbing 5.2 percent.