economy
December 30, 2025
European military stocks slump as Trump signals Ukraine peace deal close
European military stocks have tumbled after US President Donald Trump signaled progress in Ukraine peace process
TL;DR
- European military stocks declined after Trump announced a near-completion of Ukraine peace talks.
- Trump met with Zelensky in Miami, describing the peace proposal as '95% ready'.
- Major European defense companies, including Rheinmetall, Renk, Hensoldt, Leonardo, BAE Systems, Thales, and Saab, saw their stock prices fall.
- European arms makers have benefited significantly from the Ukraine conflict, with some experiencing massive stock surges.
- Analysts predict further declines in defense stocks once the conflict ends.
- Kremlin spokesman Dmitry Peskov confirmed that peace talks are in their final phase.
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