Stock Movers Fresnillo Jumps, Rheinmetall Down , IPF Rises
Dec 29, 2025
Chloe Melle, a Bloomberg reporter specializing in markets and European equities, shares her insights on the latest market movements. Fresnillo Mining's shares surged 4.2% thanks to a booming metal rally, driven by record-high silver prices. On the flip side, Rheinmetall and other defense stocks dropped after positive comments about Ukraine peace talks from Trump and Zelensky. Additionally, International Personal Finance saw a 6.8% rise following a significant acquisition announcement by Basepoint, valued at £543 million.
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Precious Metals Rally Fuels Miners
- Fresnillo benefits from a massive rally in silver and gold that pushed silver from $28 to an all-time peak near $84 an ounce this year.
- Chloe Melle links precious metal strength to geopolitical tensions, lower borrowing costs, and industrial demand for silver.
Peace Talk Optimism Pressures Defense Stocks
- European defence stocks fell after optimistic comments about Ukraine peace talks from Donald Trump and Volodymyr Zelensky reduced near-term war risk.
- Chloe Melle warns there remain key sticking points like Donbass, so a ceasefire is not yet assured.
Watch M&A For Quick Share Re-Ratings
- Monitor acquisition activity as it can rapidly re-rate small public companies like International Personal Finance (IPF).
- Chloe Melle notes IPF jumped after BasePoint Capital agreed to buy it for about £543 million, including a dividend sweetener.