European arms makers extend rally on Ukraine talks
Published by Global Banking and Finance Review
Posted on February 18, 2025
1 min readLast updated: January 26, 2026

Published by Global Banking and Finance Review
Posted on February 18, 2025
1 min readLast updated: January 26, 2026

European arms stocks rally as US-Russia Ukraine talks approach, boosting defence spending outlook. Thyssenkrupp leads with a 25% increase.
(Reuters) - European arms manufacturers shares extended their rally on Tuesday on prospects of higher defence spending, ahead of talks between U.S. and Russian officials over a possible Ukraine peace deal.
Shares in Rheinmetall, Renk, Hensoldt and steelmaker Thyssenkrupp opened up 3-7%, before paring some of those gains.
These stocks have risen by between 15% and 25% so far this week, with Thyssenkrupp being the top gainer.
(Reporting by Linda Pasquini; Editing by Amanda Cooper)
The article discusses the rally in European arms manufacturers' shares due to increased defence spending prospects amid US-Russia Ukraine peace talks.
Stocks are rising due to anticipated higher defence spending as US and Russian officials discuss a potential Ukraine peace deal.
Rheinmetall, Renk, Hensoldt, and Thyssenkrupp are the companies mentioned with significant stock gains.
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