European Defense Stocks Rise on Back of Merz Election Victory -- Market Talk

Dow Jones

Feb 24, 2025

1132 GMT - The victory of Friedrich Merz and the centre-right Christian Democrats in Germany prompted European defense stocks to rise in Monday trading. The election result increases the prospect of higher defense spending, with Merz in particular stating that he wanted more "independence" from the U.S. Expectations for an initial public offering of defense supplier KNDS, which makes the Leopard tank, also sent the sector higher. KNDS is a major shareholder in Renk, whose shares are up by 5.3%. Elsewhere, shares in German arms manufacturer Rheinmetall were boosted by an upgrade to buy from Deutsche Bank and rises 3.0%. Domestic rival Hensoldt is up 5.2% and European peers such as Thales, Leonardo, and BAE Systems rise 1.7%, 1.0% and 2.4%, respectively. (edward.frankl@wsj.com)

(END) Dow Jones Newswires

February 24, 2025 06:33 ET (11:33 GMT)

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The election result increases the prospect of higher defense spending, with Merz in particular stating that he wanted more \"independence\" from the U.S. Expectations for an initial public offering of defense supplier KNDS, which makes the Leopard tank, also sent the sector higher. KNDS is a major shareholder in Renk, whose shares are up by 5.3%. Elsewhere, shares in German arms manufacturer Rheinmetall were boosted by an upgrade to buy from Deutsche Bank and rises 3.0%. Domestic rival Hensoldt is up 5.2% and European peers such as Thales, Leonardo, and BAE Systems rise 1.7%, 1.0% and 2.4%, respectively. (edward.frankl@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 24, 2025 06:33 ET (11:33 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>European Defense Stocks Rise on Back of Merz Election Victory -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEuropean Defense Stocks Rise on Back of Merz Election Victory -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-02-24 19:33</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1132 GMT - The victory of Friedrich Merz and the centre-right Christian Democrats in Germany prompted European defense stocks to rise in Monday trading. The election result increases the prospect of higher defense spending, with Merz in particular stating that he wanted more \"independence\" from the U.S. Expectations for an initial public offering of defense supplier KNDS, which makes the Leopard tank, also sent the sector higher. KNDS is a major shareholder in Renk, whose shares are up by 5.3%. Elsewhere, shares in German arms manufacturer Rheinmetall were boosted by an upgrade to buy from Deutsche Bank and rises 3.0%. Domestic rival Hensoldt is up 5.2% and European peers such as Thales, Leonardo, and BAE Systems rise 1.7%, 1.0% and 2.4%, respectively. (edward.frankl@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 24, 2025 06:33 ET (11:33 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4187","symbol_name":"航天航空与国防","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2513742434","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2513742434","pubTimestamp":1740396780,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1132 GMT - The victory of Friedrich Merz and the centre-right Christian Democrats in Germany prompted European defense stocks to rise in Monday trading. The election result increases the prospect of higher defense spending, with Merz in particular stating that he wanted more \"independence\" from the U.S. Expectations for an initial public offering of defense supplier KNDS, which makes the Leopard tank, also sent the sector higher. KNDS is a major shareholder in Renk, whose shares are up by 5.3%. Elsewhere, shares in German arms manufacturer Rheinmetall were boosted by an upgrade to buy from Deutsche Bank and rises 3.0%. Domestic rival Hensoldt is up 5.2% and European peers such as Thales, Leonardo, and BAE Systems rise 1.7%, 1.0% and 2.4%, respectively. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4187":"航天航空与国防","BAESY":"BAE Systems PLC"},"translate_title":"梅尔茨选举胜利后欧洲国防股上涨——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BAESY":0.9},"content_text":"1132 GMT - The victory of Friedrich Merz and the centre-right Christian Democrats in Germany prompted European defense stocks to rise in Monday trading. The election result increases the prospect of higher defense spending, with Merz in particular stating that he wanted more \"independence\" from the U.S. Expectations for an initial public offering of defense supplier KNDS, which makes the Leopard tank, also sent the sector higher. KNDS is a major shareholder in Renk, whose shares are up by 5.3%. Elsewhere, shares in German arms manufacturer Rheinmetall were boosted by an upgrade to buy from Deutsche Bank and rises 3.0%. Domestic rival Hensoldt is up 5.2% and European peers such as Thales, Leonardo, and BAE Systems rise 1.7%, 1.0% and 2.4%, respectively. (edward.frankl@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 24, 2025 06:33 ET (11:33 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}