Investors are closely watching European markets as defence stocks climb amid rising geopolitical tensions. With European leaders meeting in Paris to discuss Ukraine and security commitments, defence giants like BAE Systems and Rolls-Royce are gaining momentum.
London’s FTSE 100 opened higher, driven by strong performances from defence-linked stocks, mirroring similar trends across Europe. Germany’s DAX edged up 0.2%, while France’s CAC 40 saw a slight dip. European defence firms, including France’s Thales and Italy’s Leonardo S.P.A., also posted gains. Meanwhile, political leaders signal growing readiness for military commitments, with UK Prime Minister Keir Starmer stating his willingness to send peacekeeping troops and German MP Jurgen Hardt suggesting Germany’s likely involvement.
With US markets closed for Presidents Day, European investors are focused on unfolding developments in Paris. The ongoing discussions could shape defence policies and market movements in the coming weeks.
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