On Monday, several companies in the defense industry were rising on the European stock exchanges.
Geopolitical tensions have become tighter as Russia and the United States are converging again. US Foreign Minister Marco Rubio as well as the Russian Foreign Minister Sergei Lavrov meet tomorrow Tuesday in Saudi Arabia.
Indeed, the market is believed that the defense expenditure of states will increase in the future. French president Emmanuel Macron On Monday, he convened European leaders to the Emergency Meeting in Paris.
German defense industry associated with Color Group (+15.6 %) as well as Rheinmetall (+10.2 %) were on Monday afternoon on a brisk rise.
Also a Swedish defense manufacturer Saab was 15.6 percent rising.
British defense technology company BAE System was on the London Stock Exchange by 7.9 %. Factsetin This is the largest single increase in the company after 2022 in July.
Italian air defense equipment Leonardo spa It was also 6.6 % rising.