LIVE MARKETS-STOXX shakes off early weakness, as Ukraine talks drive price action

Reuters
2025.12.16 09:22
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European shares remained steady as Ukraine peace talks influenced market dynamics. The STOXX 600 index rose by 0.1%, with defense stocks like Rheinmetall, Saab, and Leonardo declining due to peace prospects. Airline stocks, such as EasyJet, gained from lower crude prices. Progress in peace talks boosted companies with Ukraine exposure, like Wienerberger and Ferrexpo, which saw significant gains. The U.S. offered security guarantees for Kyiv, and European negotiators reported progress, though territorial agreements remain unresolved.