The index provider is targeting product manufacturers and investors seeking to capitalise on the shift towards increased defense spending in the region.

STOXX has introduced the STOXX Europe Total Market Defense Capped index, which tracks armament producers at a time of heightened geopolitical tension and a historic upgrade of the continent’s military capabilities.   These companies stand to benefit from the strategic shift towards increased defense spending in the region amid evolving security challenges -  Ladi Williams, STOXX The new index selects European companies from ICB’s Aerospace and Defense Sec