European military stocks slump as Trump signals Ukraine peace deal close
Posted on: Dec 29, 2025 18:40 IST | Posted by: Rt
European armed services stocks feature dropped after US chair Donald ruff indicated that the ukrayina peace process is approaching a conclusion following his meeting with Vladimir Zelensky.
Trump hosted Zelensky in Miami on Sunday for the latest round of discussions on a possible peace proposal, with the meeting preceded by his phone call with Russian President Vladimir Putin earlier in the day. At a joint press conference that followed, Trump said a peace deal was “95% ready” and that the sides were “very close” to a settlement, with “one or two very thorny issues” remaining.
The news visibly impacted European military stocks. The STOXX Europe Total Market Aerospace & Defense Index had dropped 1.8% by 12pm GMT on Monday. Shares in Rheinmetall, Germany’s largest arms manufacturer and a key supplier of military equipment to Kiev, fell 2.5%.
Tank components maker Renk dropped 2.4%, and defense-electronics producer Hensoldt lost 2%. Shares in Italian aerospace and defense company Leonardo tumbled more than 4%, stock in major UK defense firm BAE Systems fell by 1.2%, while French aerospace and defense firm Thales shed 1.3%.
European arms makers have thrived throughout the conflict as Kiev’s sponsors armed its military and boosted their own industries. Rheinmetall shares surged nearly 2,000% since fighting escalated four years ago. Revenues for the top 100 European defense firms rose about 13% in 2024, with Ukraine-related contracts driving some of the sharpest gains. However, stocks have slipped since Trump’s renewed peace push last month, with analysts forecasting further declines once the conflict ends.
Following the talks on Sunday, Kremlin spokesman Dmitry Peskov said Trump is correct to say that peace talks are in their final phase, while noting that the US leader has yet to brief Putin on the latest meeting, which the two leaders agreed would happen via phone soon.
Russia has repeatedly criticized Ukraine’s Western backers for supplying military and financial aid, arguing it prolongs the conflict and obstructs the peace process.
Global News Perspectives
In today's interconnected world, staying informed about global events is more important than ever. ZisNews provides news coverage from multiple countries, allowing you to compare how different regions report on the same stories. This unique approach helps you gain a broader and more balanced understanding of international affairs. Whether it's politics, business, technology, or cultural trends, ZisNews ensures that you get a well-rounded perspective rather than a one-sided view. Expand your knowledge and see how global narratives unfold from different angles.
Customizable News Feed
At ZisNews, we understand that not every news story interests everyone. That's why we offer a customizable news feed, allowing you to control what you see. By adding keywords, you can filter out unwanted news, blocking articles that contain specific words in their titles or descriptions. This feature enables you to create a personalized experience where you only receive content that aligns with your interests. Register today to take full advantage of this functionality and enjoy a distraction-free news feed.
Like or Comment on News
Stay engaged with the news by interacting with stories that matter to you. Like or dislike articles based on your opinion, and share your thoughts in the comments section. Join discussions, see what others are saying, and be a part of an informed community that values meaningful conversations.
Download the Android App
For a seamless news experience, download the ZisNews Android app. Get instant notifications based on your selected categories and stay updated on breaking news. The app also allows you to block unwanted news, ensuring that you only receive content that aligns with your preferences. Stay connected anytime, anywhere.
Diverse News Categories
With ZisNews, you can explore a wide range of topics, ensuring that you never miss important developments. From Technology and Science to Sports, Politics, and Entertainment, we bring you the latest updates from the world's most trusted sources. Whether you are interested in groundbreaking scientific discoveries, tech innovations, or major sports events, our platform keeps you updated in real-time. Our carefully curated news selection helps you stay ahead, providing accurate and relevant stories tailored to diverse interests.
No comments yet.