Big news in Europe! European countries are spending a lot more money on their armies. This is because of the war in Ukraine. This has made the stocks of companies that make weapons go way up!
- Companies that make weapons for armies are doing really well.
- Their stock prices (how much their shares cost) went up a lot, even by 20-30% in one day!
- Investors are excited about this, but some are worried about the prices being too high.
| Fact | Number |
|---|---|
| Increase in Stock Prices (some companies) | 20-30% |
| Overall increase since war started | More than 100% |
| Market cap of STOXX Aerospace and Defence index | $514 million |
