European Defense Stocks Fall After Putin Says Ukraine War Possibly Coming to an End -- Market Talk

Dow Jones

05/11

1339 GMT - European defense stocks are falling sharply on Monday, after Russian President Vladimir Putin suggested Saturday that the war in Ukraine is nearing an end. Germany's biggest defense group and a large beneficiary from the conflict, Rheinmetall, falls 3.8%, while Frankfurt-listed Renk and Hensoldt are down 5.3% and 3%, respectively. Kongsberg falls 4.9% and Leonardo loses 4.7%, while Saab and BAE Systems both fall 2%. (cristina.gallardo@wsj.com)

(END) Dow Jones Newswires

May 11, 2026 09:39 ET (13:39 GMT)

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Kongsberg falls 4.9% and Leonardo loses 4.7%, while Saab and BAE Systems both fall 2%. (cristina.gallardo@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 11, 2026 09:39 ET (13:39 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}