Rheinmetall is trading at €1006.80, down 4.28%, as higher oil prices linked to escalating U.S.-Iran tensions weigh on European markets.
- A Wall Street Journal market report said the DAX was down 0.5%, while Rheinmetall fell 2.5% at the open.
- Thales also fell 1.9%, indicating sector-wide pressure rather than a confirmed company-specific announcement.