Defence stocks in Europe move lower after Trump-Zelenskiy meeting

Hensoldt AG

29/12/2025 08:22

** Shares in European arms makers slip on Monday as investors weigh the outcome of the meeting between U.S. President Donald Trump and Ukraine's President Volodymyr Zelenskiy on Ukraine peace deal

** Trump said he and Zelenskiy were "getting a lot closer" to a deal but that the territorial issue remain unsettled

** An index of aerospace and defence companies .SXPARO is down 1.4% at 0818 GMT, compared to a 0.05% rise of the wider STOXX .STOXX index

** Italy's Leonardo LDOF.MI falls around 4.6%, Germany's Rheinmetall RHMG.DE, Hensoldt HAGG.DE are both down some 3%

** BAE Systems BAES.L slips around 2%

(Reporting by Anna Pruchnicka)

((anna.pruchnicka@tr.com))