European Defense Stocks Rise Strongly As German Minister Rules Out Ukraine Ceasefire -- Market Talk

Dow Jones
Sep 29, 2025

1052 GMT - European defense stocks rise strongly after German Defense Minister Boris Pistorius tells the Warsaw Security Forum that a peace deal between Ukraine and Russia remains "wishful thinking" because diplomatic efforts are failing to provide any meaningful results, he says. NATO will continue to strengthen its air defenses in response to Russia's drone incursions into the alliance's airspace in Eastern Europe, Pistorius says, calling for continued financial and military support for Ukraine. The European Union must provide a much more flexible regulatory framework for the defense industry, he adds. Germany's Hensoldt and Renk Group are among the top risers, gaining 4.6% and 3.5%, respectively. BAE Systems climbs 2.7%, Dassault Aviation rises 2.3%, Leonardo is up 2.15%, and Rheinmetall advances 1.7%. (cristina.gallardo@wsj.com)

 

(END) Dow Jones Newswires

September 29, 2025 06:52 ET (10:52 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10