NEW YORK, November 24. /TASS/. Stocks of European defense industry majors are in the red amid the talks to settle the conflict in Ukraine, Bloomberg reports.
Securities of Rheinmetall, a leading German defense tech company, tumbled more than 4% during the trading session on the Frankfurt bourse.
According to the news agency, the stocks basket of European defense industry companies prepared by Goldman Sachs Group lost more than 24% from the start of October. This is the strongest dip since 2022.