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FTSE defence stocks on the offensive after Ukraine talks
Daily Express
|March 04, 2025
A SHARP surge in defence stocks lifted the FTSE 100 index to an all-time high yesterday.
The rally came after European countries signalled their willingness to up defence spending over the weekend after talks with war-torn Ukraine.
Britain’s blue-chip index rose 0.4%, or 32 points, after the market opened.
Aerospace, munitions and information security company BAE Systems led the market higher. The firm’s stock jumped up 17%.
Rolls-Royce also helped send the FTSE 100 to new heights, with the motor giant up nearly 6% yesterday.
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