Chengdu Aircraft Corp sees stock surge after Rafale loss

By MG News | Category Global Business | May 13, 2025 at 12:31 PM GMT+05:00
May 13, 2025 (MLN): Chengdu Aircraft Corporation (CAC), the Chinese aerospace company responsible for the J-10 fighter jet, has seen a remarkable surge in its stock price, following recent reports of a Rafale jet being downed during air clashes between India and Pakistan.
On May 12, 2025, CAC's stock reached CNY 95.86, a 20% increase from the previous day's trading and more than 60% higher than the closing value from just one week prior.
The boost in CAC’s stock value is seen as a reflection of growing investor confidence in the company's defense capabilities amidst the rising regional tensions.
Meanwhile, Dassault Aviation, the French company behind the Rafale jet, has faced a decline in its stock value, as CNN reported.
On May 9, 2025, Dassault's shares closed at EUR 314.6, down from EUR 325.8 on May 5, marking a decrease of approximately 3.44%.
This drop follows the Indian Air Force's confirmation of the loss of several assets, including Rafale jets, in the ongoing air engagements with Pakistan.
The aerial confrontations, which began on May 6, have attracted significant attention to the performance of military hardware involved.
Indian defense officials’ acknowledgment of the losses, including the Rafale jet, has noticeably influenced stock market behavior, especially for the companies directly involved.
As the situation between India and Pakistan continues to develop, analysts and investors are keenly watching the broader impact on the defense sector and how these developments may influence future trends in the aerospace market.
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