European Defence Stocks Cool as Investors Reassess War Winners
European defence stocks have declined in value as investors reassess their positions amid uncertainty over the future of warfare and stretched valuations. The MSCI Europe Aerospace and Defence Index fell 9.2% in March, its largest monthly drop in five years. The decline follows a period of strong performance since the 2022 Ukraine invasion, but recent events like the Iran conflict have led to profit-taking and reduced investor confidence.
Topics: defence stocks European market investment trends MSCI index war impact