The JF-17 Thunder share price witnessed a massive boost after the Pakistan Air Force (PAF) gave a powerful response to Indian military aggression. As per recent reports, shares of the Chinese company Chengdu ALD Aviation Manufacturing Corporation, the maker of JF 17 Thunder and J-10C fighter jets, surged by 18.31% in global markets.
The escalation began when the Indian Army carried out surprise airstrikes under the cover of darkness, targeting six different locations within Pakistan. These cowardly attacks led to the tragic martyrdom of 26 Pakistani civilians and left 46 others injured.
Pakistan Air Force Downs Indian Rafale Jets and Drones
In response, the Pakistan Air Force retaliated swiftly, destroying five Indian aircraft, including three Rafale jets and three drones. The retaliation was not only a tactical success but also a symbolic message of strength and resilience. Following this move, the global defense market reacted instantly.
Massive Spike in JF 17 Thunder Share Price
After this bold counterattack, global investor confidence soared in favor of Pakistani-made fighter jets. The JF 17 Thunder share price soared by 18.31%, boosting the market value of Chengdu ALD Aviation, the Chinese company behind the jet’s manufacturing. The JF 17 Thunder, developed jointly by Pakistan and China, has now become a global topic of interest among defense analysts and investors alike.
Dassault Aviation Shares Decline Post-Rafale Losses
On the flip side, the French company Dassault Aviation, which manufactures the Rafale jets, saw a sharp decline in its stock price after three of its jets were destroyed by PAF. This significant loss raised questions about the Rafale’s performance despite being considered one of the world’s most advanced fighter aircraft.
Global Praise for JF 17 Thunder Performance
Defense experts believe this incident has shifted investor focus toward more reliable and cost-effective fighter jets like the JF 17 Thunder. The impressive performance of the jet has sparked global interest, leading to an upward trend in the JF 17 Thunder share price, which now dominates defense-related discussions across financial markets.