South Korea protection shares soar with heavyweight Hanwha Aerospace surging 22% as merchants react to Iran warfare


A Cheongung missile launcher is displayed in the course of the Seoul Worldwide Aerospace and Protection Exhibition (ADEX 2025) at Seoul Air Base in Seongnam, Gyeonggi Province, South Korea, on October 17, 2025.

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South Korean protection shares noticed large good points on Tuesday after the nation’s markets returned from a public vacation, because the Iran warfare fuels curiosity in protection names globally.

Heavyweight Hanwha Aerospace, which is South Korea’s largest protection producer, noticed shares surge 22%, whereas Korea Aerospace Industries gained greater than 7%.

Shares in Lignex1, maker of South Korean air protection programs, soared 30%, whereas Victek and Firstec, which make digital warfare programs and anti-aircraft missile parts, respectively, rose greater than 20%.

Ammunition producer Poongsan was up 14%, whereas Hyundai Rotem, maker of the K2 foremost battle tank, was up over 18%.

The sector’s good points have been in sharp distinction to the broader Kospi, which was down 2% and is at the moment main losses in Asian markets.

South Korea’s prominence within the world protection area has been rising for the reason that Ukraine-Russia battle, with the nation aiming to be the world’s fourth largest protection trade by 2030.

Orders from European nations comparable to Poland and Romania have powered large good points within the sector as nations on the continent enhance their protection spending.

International protection shares soared Monday as buyers reacted to a dramatic army escalation within the Center East.

In Europe, Germany’s Hensoldt and Britain’s BAE Programs have been among the many high performers within the Stoxx 600, up shut to five% and round 6%, respectively.

Stateside, U.S. companies Lockheed Martin and Northrop Grumman rose greater than 3% and about 6%, respectively. 

— CNBC’s Elsa Olhen contributed to this report.