European stock markets rise on expectations of a ceasefire in Ukraine

STOXX 600 rises, defence sector hits records

The European stock market started the week with gains, responding to hopes for a possible cessation of hostilities in Ukraine. On Monday, the pan-European STOXX 600 index rose by 0.4%, while shares of defence and aerospace companies soared by more than 3%, reaching a new all-time high.

Defence sector doubles in market capitalisation

Since the start of Russia's full-scale invasion, shares of companies operating in the defence industry have more than doubled in value. Investors continue to actively invest in this sector, confirming its strategic importance against the backdrop of a potential armed conflict between Europe and Russia..