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131 new news items in the last 24 hours
16 May 07:45

European stock markets closed higher, with the Stoxx 600 up 0.56%, thanks to an advance in defense stocks

Ana-Maria Tapescu
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International
Foto: pixabay.com

The pan-European Stoxx 600 index rose 0.56%, recovering from a negative start, with defense stocks having a positive impact. Hensoldt advanced 8.3% after German Defense Minister's backing for higher security spending. In contrast, Thyssenkrupp fell 12% on weak financial results. The British economy grew 0.7% and the eurozone growth estimate was revised to 0.3%.

Sources

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Profit.ro
Bursele europene au închis pe verde, acțiunile din sectorul apărării conducând avansul
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News.ro
Bursele europene au închis joi pe verde, acţiunile din sectorul apărării conducând avansul
sursa imagine
Stiripesurse
Bursele europene au închis joi pe verde. Acţiunile din sectorul apărării conduc avansul
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European stock markets growth defense sector

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Ursula von der Leyen said that Europe's defense has reacted to the challenges posed by the war in Ukraine, stressing the need for innovation and cooperation.

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