IVAI.L is trading around $10.81 (+3.99%), continuing a multi-day rebound in growth and technology sectors driven by a significant risk-on rotation in the markets.
- The move follows the halting of planned U.S. strikes on Iran, which led to a more than 5% decline in oil prices and reduced immediate geopolitical tensions.
- The Nasdaq surged nearly 3% on August 3, 2026, providing a tailwind for AI-focused ETFs and growth stocks as lower energy prices helped temper inflation expectations.
- The rally reflects a broader shift back into risk assets as investors react to the de-escalation of conflict and improved macroeconomic conditions.