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European defence stocks slide amid progress in Ukraine peace talks

Dec 16 (Reuters) - European defence stocks fell on Tuesday after U.S. officials offered on Monday to provide NATO-style security guarantees for Kyiv under a proposed peace deal with Russia, following two days of talks in Berlin.

Shares in Rheinmetall RHMG.DE, Indra IDR.MC, Leonardo LDOF.MI and Saab SAABb.ST were among the biggest fallers on Europe's benchmark STOXX 600 index .STOXX, with losses ranging from 3.5% to 5%.

The European aerospace and defence index .SXPARO was down around 1.8% at 0826 GMT.

(Reporting by Emanuele Berro in Gdansk, editing by Milla Nissi-Prussak)

((Emanuele.Berro@thomsonreuters.com; +48 587696510;))

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