European defence stocks rise as leaders look at spending boost

BAE profits boosted by defence spending amid Ukraine war

British military equipment maker BAE Systems on Wednesday announced a five percent rise in annual net profit, boosted by government defence spending amid the war in Ukraine.

European Stock Index Hits All-Time High Amid Expectations of Higher Military Budgets

The STOXX 600, a pan-European stock index, surged to new highs on Tuesday as investors expected a potential Russia–Ukraine peace deal and increased defense spending by NATO nations to boost the arms industry. The STOXX 600 index hit an all-time high of 556.80. The market surge was supported by a jump in the SXPARO index, which tracks European defense and aerospace stocks. SXPARO was up 1.68 percent at around 6 a.m. ET on Tuesday after rising 4.6…

European defence stocks rise as leaders look at spending boost

European defense stocks hit record and government bond prices fall on bets of more military spending

Defense shares surge on expectations of higher NATO spending as Trump seeks deal with Putin

European defence stocks soar amid talk of extra military spending

European defence stocks surged as the continent's political leaders gathered for an emergency summit with the US ramping up calls for a boost in military spending, writes Calum Muirhead. UK Prime Minister Keir Starmer yesterday said he would be "ready and willing" to deploy British troops on the ground in Ukraine to enforce any peace deal with Russia. The Prime Minister's comments came after Mark Rutte, secretary general of the Nato military all…