🟢 Rheinmetall is trading 4.3% up today on firmer European defense-sector sentiment

Rheinmetall is trading at €1,026.00, up 4.34%, with reports linking the October 15 advance mainly to firmer sentiment across European defense stocks.

• Morgan Stanley’s sector outlook pointed to potential year-end orders from existing defense budgets and a possible seasonal rally.
• The move rebounded from recent closes below €1,000; U.S. market indices were essentially flat at the close, pointing more to sector sentiment than a broad-market rally.