Latest news with #AVICChengduAircraft
Mint
3 days ago
- Business
- Mint
J-10 fighter jet maker AVIC Chengdu share price crashes 5% after Asim Munir-Donald Trump meeting
AVIC Chengdu Aircraft share price: The Chinese defence stock, AVIC Chengdu Aircraft, cracked 5% in intraday deals on Thursday following a sharp rally a day ago. The stock, which manufactures J-10 fighter jets used by Pakistan against India in the latest military flare-up, had surged nearly 10% on Wednesday ahead of a meeting between Pakistan Army Chief Munir and US President Donald Trump at the White House. However, today, the stock reversed course amid a lack of any announcements, which dampened sentiment. Analysts had signalled that any positive developments could have acted as a fresh trigger, but a lack of announcements could dampen sentiment. AVIC Chengdu Aircraft share price opened at 86.59 yuan, lower than the last closing price of 88.93 yuan. The J-10 fighter jet maker's stock further tumbled to the day's low of 84.26 apiece, recording a 5.25% decline over the last close. The stock has declined in three of the last five trading sessions, yet it managed to gain around 9% during this period. The monthly trend for AVIC Chengdu Aircraft shares remains strong on a monthly basis, with the scrip rising 31% in May and 11% in June so far. This was Munir's first meeting with Donald Trump in the wake of the Iran-Israel war and following military clashes with India.
News18
3 days ago
- Business
- News18
J-10 Maker AVIC Chengdu Shares Jump 10% Before Trump-Pakistan Army Chief Meeting
Last Updated: Shares of AVIC Chengdu Aircraft surged nearly 10 percent ahead of President Trump's meeting with Pakistan's army chief. Avic Chengdu Share Price: Shares of J-10 fighter jet maker AVIC Chengdu Aircraft surged nearly 10% during intraday trading on Wednesday, ahead of President Donald Trump's meeting with Pakistan's army chief, Asim Munir. At the time of writing this report, Avic Chengdu Aircraft Ltd shares were trading at CNY 88.93 with a gain of 4.14 per cent. Earlier, the scrip opened at CNY 85.48, against the previous day close at CNY 85.40. Stocks are up 12 per cent in the past five days. The day's high touched at CNY 93.88. This will be Munir's first meeting with the US President following India-Pakistan border tensions in May. Tensions between the two countries escalated after India launched 'Operation Sindoor' in response to a deadly attack on tourists in Pahalgam, Kashmir, which resulted in 26 fatalities. AVIC Chengdu Aircraft Stock Movement Shares of Avic Chengdu Aircraft Co Ltd, a Chinese defence manufacturing and the maker of J-10 fighter jets, have seen a weak momentum by falling over 17 per cent with the ease of tensions between India and Pakistan. J-10 jet fighters were used by the Pakistan army during the border tensions. Stocks of Avic Chengdu Aircraft experienced a sharp spike after the Pahalgam terror attack and Operation Sindoor. In the two weeks between April 30 and May 12, the price of Avic Chengdu Aircraft stock shot up to 95.86 CNY from 58.75 CNY, registering a jump of 64 per cent in the duration. Other Chinese defence stocks also saw surged in the expectations of a full-fledged war and the surging demand of weapons like fighter jets, missiles and other equipment. The Chinese defence stock has declined after Prime Minister Narendra Modi challenged Pakistan's claims that Chinese-made fighter jets were responsible for destroying the Indian Air Force's Adampur airbase. Disclaimer: The views and investment tips by experts in this report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions. About the Author Stay updated with all the latest news on the Stock Market, including market trends, Sensex and Nifty updates, top gainers and losers, and expert analysis. Get real-time insights, financial reports, and investment strategies—only on News18. First Published: June 18, 2025, 13:45 IST News business » markets J-10 Maker AVIC Chengdu Shares Jump 10% Before Trump-Pakistan Army Chief Meeting
Mint
4 days ago
- Business
- Mint
Asim Munir USA visit: J-10 jet maker AVIC Chengdu share price surges 10% ahead of Pak Army chief's meet with Trump
AVIC Chengdu share price: Shares of J-10 fighter jet maker — AVIC Chengdu Aircraft — rallied nearly 10% in intraday trade on Wednesday ahead of President Donald Trump meeting with Pakistan's army chief, Asim Munir. This will be Munir's first meeting with the US President following a four-day military conflict with India in May. The clashes between the two countries intensified after India launched 'Operation Sindoor' following a deadly attack on tourists in Pahalgam, Kashmir, which resulted in the death of 26 people.
Mint
6 days ago
- Business
- Mint
Breakout stock! Avic Chengdu Aircraft share price jumps amid Israel-Iran war. Do you own?
Avic Chengdu Aircraft share price: The latest flare-up in the tensions in the Middle East gave a fresh boost to Chinese defence stocks, driving shares of J-10 fighter jet maker — AVIC Chengdu Aircraft — higher for the second day in a row. The fresh escalation in the Iran-Israel conflict has resulted in a 12% rise in AVIC Chengdu Aircraft share price as investors believe that the rising tensions could likely drive the demand for Chinese defence equipment. Although analysts highlighted that this rally is more sentiment-led and speculation-driven.
News18
12-06-2025
- Business
- News18
J-10 Jet Maker AVIC Chengdu Slips 17% In A Month After 64% Surge Post Pahalgam Attack
Last Updated: In the two weeks between April 30 and May 12, the price of Avic Chengdu Aircraft stock shot up to 95.86 CNY from 58.75 CNY, registering a jump of 64 per cent in the duration. AVIC Chengdu Aircraft Stock: Shares of Avic Chengdu Aircraft Co Ltd, a Chinese defence manufacturing and the maker of J-10 fighter jets, have seen a weak momentum by falling over 17 per cent with the ease of tensions between India and Pakistan. J-10 jet fighters were used by the Pakistan army during the border tensions. Stocks of Avic Chengdu Aircraft experienced a sharp spike after the Pahalgam terror attack and Operation Sindoor. In the two weeks between April 30 and May 12, the price of Avic Chengdu Aircraft stock shot up to 95.86 CNY from 58.75 CNY, registering a jump of 64 per cent in the duration. Other Chinese defence stocks also saw surged in the expectations of a full-fledged war and the surging demand of weapons like fighter jets, missiles and other equipment. Since then, the stock has been in the consolidation phase with a slide to below 80 CNY. The Chinese defence stock has declined after Prime Minister Narendra Modi challenged Pakistan's claims that Chinese-made fighter jets were responsible for destroying the Indian Air Force's Adampur airbase. First Published:
