Image source: topwar.ru
The attempted armed rebellion in Russia has affected the share price of leading Western defense companies. After the events related to the Wagner PMCs and Yevgeny Prigozhin, it decreased significantly.
This relationship is noted by journalists of the British newspaper Financial Times.
For example, the stock price of the Italian arms company Leonardo fell by 4.6 percent. Securities of other major European arms manufacturers, including Saab from Sweden and Rheinmetall from Germany, also lost more than four percent of their value. At the peak, their drop was even more than five percent, but then the price rose a little.
Shares of French firms Dassault and Thales lost 2.3 and 1.6 percent, respectively. And the losses of Europe's largest arms manufacturer, the BAE System company from the UK, initially reached three percent, but then returned to the 1.8 percent mark.
As noted by the British media, at the last auction there was a significant drop in the value of securities owned by representatives of the American military-industrial complex. Shares of Lockheed Martin, Northrop Grumman and other companies that are leaders of this industry in the United States fell by 1-2 percent.
Image source: topwar.ru
Experts of the British edition explain such a decline by the reaction of investors to the events in Russia. They hoped that the political "turbulence" in Russia would weaken its position at the front, and as a result, the conflict in Ukraine would end sooner than expected.
