South Korean defense stocks outperform broader mar
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Posted On: 12/18/2023 6:45:07 AM
South Korean defense stocks outperform broader markets
South Korean defense stocks were higher by midday trading on Monday, outperforming the broader Kospi
.
Shares of defense companies were broadly higher. Korea Aerospace Industries’ stock was up 1.05%, Hyundai Rotem up 0.95%, Victek up 1.23%, Firstec up 1.23%, Speco up 0.60% and LIG Nex1 up over 5%. But shares of Hanhwa Aerospace were near flat, hovering below the flatline.
The Kospi gained about 0.3% higher by midday trading after opening near the flat line.
South Korean defense stocks were higher by midday trading on Monday, outperforming the broader Kospi
.
Shares of defense companies were broadly higher. Korea Aerospace Industries’ stock was up 1.05%, Hyundai Rotem up 0.95%, Victek up 1.23%, Firstec up 1.23%, Speco up 0.60% and LIG Nex1 up over 5%. But shares of Hanhwa Aerospace were near flat, hovering below the flatline.
The Kospi gained about 0.3% higher by midday trading after opening near the flat line.
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