Published by Global Banking and Finance Review
Posted on December 16, 2025
Last updated: January 7, 2026
Published by Global Banking and Finance Review
Posted on December 16, 2025
Last updated: January 7, 2026
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, Indra, Leonardo and Saab were among the biggest fallers on Europe's benchmark STOXX 600 index, with losses ranging from 3.5% to 5%.
The European aerospace and defence index was down around 1.8% at 0826 GMT.
(Reporting by Emanuele Berro in Gdansk, editing by Milla Nissi-Prussak)
The STOXX 600 index is a stock market index that represents 600 of the largest companies across 17 European countries. It is used as a benchmark for the performance of European equities.
NATO-style security guarantees refer to commitments made by NATO member countries to protect each other in case of an attack, often involving military support and defense collaboration.
The European aerospace and defense index tracks the performance of companies involved in the aerospace and defense sectors in Europe, reflecting trends in military spending and technological advancements.
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