FRANKFURT/AMSTERDAM (dpa-AFX) – Armaments stocks such as Rheinmetall, HENSOLDT and RENK should be kept an eye on Friday. On the one hand, there is movement in the negotiations to end the war in Ukraine. And on the other hand, the Czech defense company Czechoslovak Group (CSG) is about to go public on Euronext in Amsterdam, which could achieve a double-digit billion valuation.
Representatives of Ukraine, Russia and the USA are scheduled to talk about peace in the United Arab Emirates on Friday. This was agreed in meetings between US President Donald Trump and his Ukrainian counterpart Volodymyr Zelensky in Davos and US special envoy Steve Witkoff in the Kremlin. It is the first time in weeks that negotiators from the warring parties Russia and Ukraine have spoken directly to each other again.
Armament values usually react negatively to new negotiating approaches, even if the basic threat situation and the restoration of Europe’s defense capability are unlikely to change much even if the war in Ukraine ends. Shares in Rheinmetall, Hensoldt and Renk were also sold premarket on the Tradegate trading platform on Friday./ag/jha/
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