Senior financial leaders speaking at the Farnborough Airshow argued that private investment is essential to supplement strained public budgets for defense, but significant barriers are hindering capital flow.
Germany's benchmark DAX index closed with a marginal gain on Monday, as advances in utility stocks were offset by declines in the chemical and construction sectors, reflecting a divided sentiment across the Frankfurt market.
Italy's benchmark stock index closed slightly lower on Monday, dragged down by losses in the telecommunications and utilities sectors, though market breadth remained positive.
The Investing.com United Kingdom 100 index ended Monday's session down 0.73%, dragged lower by significant declines in the home construction and telecommunications sectors.
Spain's benchmark IBEX 35 index closed Monday's session down a marginal 0.05%, as losses in the consumer services and construction sectors were counteracted by strong performances from companies like Grifols.
Portugal's benchmark PSI stock index closed with a marginal gain of 0.09% on Monday, as advances in the utilities and basic materials sectors were enough to counteract a larger number of falling stocks.
The Netherlands' AEX index edged down 0.13% at Monday's close, with losses in the telecoms and industrials sectors weighing on the market. Tech and investment firms showed mixed results, with Prosus rallying while CVC Capital Partners and Adyen declined.
Baird Equity Research has identified Corpay (CPAY), XYZ, and Mastercard (MA) as top fintech picks heading into Q2 earnings, citing strong growth fundamentals and the potential to exceed market expectations and raise guidance.
Moody's Ratings affirmed Adeia Inc.'s Ba3 credit rating but revised its outlook to positive from stable, citing expected growth in semiconductor and non-Pay TV licensing that will offset legacy business declines.
