Rheinmetall is trading at €1,055.60, up 4.31%, as defense stocks gain amid heightened Middle East tensions.
- The defense sector is up 2.15%, with tensions heightened by reports of another U.S. drone being shot down.
- Rheinmetall announced a further order for 69 Schakal vehicles for Germany and the Netherlands, valued in the medium three-digit million-euro range.
- The order is relevant company news, but no source confirms it directly drove the share move.