Stock Exchange: European Defense Shares continue to rise

The European market opened mainly, following the traces of the Wall Street and Asian markets. However, the defense sector continued to rise yesterday.

A German defense industry company that ended up on Monday Rheinmetall After a moment of trading, it was 1.4 % rising. Italian security and aviation company Leonardo was 3.6 percent rising and the British security and defense company BAE Systems 1.2 percent rising. French-based aviation and defense industrial electronic equipment manufacturer Thales After a moment of trading, it was 8.8 % rising.

The European decision-makers met on Sunday at the Ukraine meeting, which discussed, among other things, increasing defense expenditure and supporting Ukraine by European countries.

US president Donald Trump confirmed that it would set 25 % customs duties on Mexico and Canada. The 10 % additional grant fee for China also entered into force on Tuesday.

After a moment of trading, the Stoxx 600 index was down by 0.9 %. The Paris Stock Exchange’s CAC40 index was 1.2 % decline, Frankfurt’s DAX index 1.4 % decline and the London FTSE 100 index by 0.6 %. The OMXS30 index following the Stockholm Stock Exchange was 1.4 %.

Yesterday US media reported that president Donald Trump has decided to suspend All US military assistance to Ukraine.

Wall Street is anticipated to the rise. At the time of the review, Dow Jones index futures were 0.01 % rising, the S&P 500 futures at 0.1 % and the NASDAQ rises by 0.1 %.