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Ukraine war propels arms maker Rheinmetall into DAX index

Ukraine war propels arms maker Rheinmetall into DAX index

German automotive and arms manufacturer, Rheinmetall, is set to join the DAX index of 40 leading shares on the Frankfurt Stock Exchange on Monday.

Since Russia’s invasion of Ukraine last year, the company has seen its share price more than double.

Headquartered in Düsseldorf in western Germany, Rheinmetall produces the cannon for the Leopard 2, a tank used by several European armies and to be delivered to Ukraine, and the Panzerhaubitze 2000, a long-range howitzer deployed by the…


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