India, Feb. 17 -- European stocks closed broadly higher on Monday with those from defense companies hogging the limelight as leaders of European countries convened a meeting in Paris for talks on Ukraine and to ramp up regional security.
The emergency meeting of European leaders comes after the Trump administration announced that it was opening talks with Russia on ending the war with Ukraine without a European presence.
Shares of arms manufacturers and related companies rallied sharply as European policymakers pledged to increase defense spending amid concerns of lower US contributions to NATO security, ahead of talks between US and Russia delegations over a resolution in the war in Ukraine this week.
According to reports, French presid...