BAE Systems Share Price Slips as Europe Defence Stocks Retreat on Rheinmetall Outlook
Shares of BAE Systems slipped 1.3% to 2,219 pence in London by 1105 GMT, following Tuesday’s close at 2,249 pence. The move echoed a broader retreat in European defence names as Germany’s Rheinmetall underwhelmed sections of the market with its sales guidance, prompting fresh caution among investors over Middle East war risks.