Europe shares end mostly higher ahead of Fed -2-
(Il Sole 24 Ore Radiocor) - London, 19 Aug - In European stock market dealings, shares of defence stocks came under pressure following a report in Frankfurter Allgemeine Zeitung (FAZ) over the weekend that the German government could halt new military aid to Ukraine.
In Frankfurt trade, German defence group Rheinmetall added 1.96% at 551.20 euros after falling as much as 5% in earlier trade. In Milan, shares of Italian defence and aerospace group Leonardo slipped 0.80% to 22.44 euros.
Shares of Varta plummeted 44.21% to 2.16 euros in Frankfurt dealings after the troubled German battery producer said it reached a debt restructuring deal including a debt haircut and a capital reduction, followed by a capital increase.
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(RADIOCOR) 19-08-24 18:55:12 (0386) 5 NNNN