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Dear Etorians, 06/06/25
𝗔𝗿𝗺𝘀 𝘀𝘁𝗼𝗰𝗸𝘀 remained a central theme on the German stock market this Friday. $RHM.DE share price, which had approached the €2,000 mark this week, fell 5% to €1,788 by midday. European arms stocks increasingly reflect increased government spending. Therefore, after a record rise, investors and I took profits at the end of the week.
Arms stocks have attracted investor attention since Russia's invasion of Ukraine in early 2022. No solution to the conflict is in sight despite recent negotiations. A few days ago, Ukraine caused a stir by striking Russia's bomber fleet in a spectacular manner, to which Russia has since responded.