European Defense Stocks Rise After NATO Chief's Positive Remarks on Military Spending Targets -- Market Talk

Dow Jones

2025/05/27

0911 GMT - European defense stocks are on the rise after Mark Rutte, secretary general of NATO, said Monday that he expects the alliance to agree to a broad defense spending target of 5% of GDP at NATO's summit in The Hague next month. Rutte was speaking at a meeting of the NATO Parliamentary Assembly in Dayton, Ohio. In Frankfurt, Rheinmetall climbs 2.2% at 18.82 euros, Hensoldt gains 3.4% at 84.7 euros, and Renk Group rises 1.9% at 73.19 euros. In London, QinetiQ jumps 4% to 4.85 pounds, BAE Systems is up 2.8% at 18.93 pounds, and Rolls-Royce advances 2.7% at 8.6 pounds. In Paris, Thales rises 1.8% at 266.6 euros, while Dassault Aviation gains 0.6% at 310.40 euros. In Rome, Leonardo is up 2.5% at 54.40 euros. (cristina.gallardo@wsj.com)

(END) Dow Jones Newswires

May 27, 2025 05:11 ET (09:11 GMT)

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Rutte was speaking at a meeting of the NATO Parliamentary Assembly in Dayton, Ohio. In Frankfurt, Rheinmetall climbs 2.2% at 18.82 euros, Hensoldt gains 3.4% at 84.7 euros, and Renk Group rises 1.9% at 73.19 euros. In London, QinetiQ jumps 4% to 4.85 pounds, BAE Systems is up 2.8% at 18.93 pounds, and Rolls-Royce advances 2.7% at 8.6 pounds. In Paris, Thales rises 1.8% at 266.6 euros, while Dassault Aviation gains 0.6% at 310.40 euros. In Rome, Leonardo is up 2.5% at 54.40 euros. (cristina.gallardo@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 27, 2025 05:11 ET (09:11 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BAESY","symbol_name":"BAE Systems PLC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2538145602","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2538145602","pubTimestamp":1748337060,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0911 GMT - European defense stocks are on the rise after Mark Rutte, secretary general of NATO, said Monday that he expects the alliance to agree to a broad defense spending target of 5% of GDP at NATO's summit in The Hague next month. 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