A Cheongung missile launcher is displayed in the course of the Seoul Worldwide Aerospace and Defense Exhibition (ADEX 2025) at Seoul Air Base in Seongnam, Gyeonggi Province, South Korea, on October 17, 2025.
Nurphoto | Nurphoto | Getty Pictures
South Korean defense stocks noticed large positive factors on Tuesday after the nation’s markets returned from a public vacation, as the Iran war fuels curiosity in defense names globally.
Heavyweight Hanwha Aerospace, which is South Korea’s largest defense producer, noticed shares surge 22%, whereas Korea Aerospace Industries gained greater than 7%.
Shares in Lignex1, maker of South Korean air defense methods, soared 30%, whereas Victek and Firstec, which make digital warfare methods 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 positive factors have been in sharp distinction to the broader Kospi, which was down 2% and is presently main losses in Asian markets.
South Korea’s prominence within the international defense house has been rising because the Ukraine-Russia battle, with the nation aiming to be the world’s fourth largest defense business by 2030.
Orders from European nations such as Poland and Romania have powered large positive factors within the sector as international locations on the continent enhance their defense spending.
World defense stocks soared Monday as buyers reacted to a dramatic army escalation within the Center East.
In Europe, Germany’s Hensoldt and Britain’s BAE Methods have been among the many prime performers within the Stoxx 600, up shut to 5% 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.
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