Leonardo up as Trump's win raises expectations for defence spend in Europe
** Shares in Italy's Leonardo LDOF.MI rise as much as 5.2%, with a Milan-based trader citing a possible rise on military spending in Europe after Donald Trump won the U.S. presidential election
** Trump has criticised the scale of U.S. military and financial support for Kyiv, vowing to end the war quickly
** He recently spoke with Russian President Vladimir Putin and advised him not to escalate the war, a source familiar with the conversation told Reuters on Sunday
** Additionally, the Financial Times reported on Friday that UK ministers had given the go-ahead for the Global Combat Air Programme (GCAP) with Italy and Japan earlier in the week, ending fears that the flagship project could be affected by the new Labour government's strategic defence review
** Including Monday's rise, the Leonardo stock has gained around 70% YTD
** At 0938 GMT, the stock is up 2.6%
Reporting by Michela Stasio, Giancarlo Navach
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