Lates News

date
15/08/2025
European defense sector stocks performed poorly on Friday as the market awaited discussions between US President Donald Trump and Russian President Vladimir Putin in Alaska later in the day to discuss the possibility of resolving the conflict in Ukraine. A European defense stock basket from Goldman Sachs fell by 1.6%, underperforming the 0.4% increase in the Stoxx 600 index. The biggest decliners included Rheinmetall (-2.7%), Kongsberg Gruppen (-1.5%), Saab (-2.0%), Thales (-1.3%), Renk Group (-1.3%) and QinetiQ (-1.2%).