South Korean defense stocks track gains in global peers amid rising security concerns
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 04 2025
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Source: CNBC
South Korean Defense Stocks Surge: South Korean defense stocks, including Hanwha Aerospace and Hyundai Rotem, experienced significant gains due to heightened security concerns from the Russia-Ukraine war, with expectations of increased defense spending in Europe.
Global Defense Spending Trends: Analysts predict a rise in European defense spending, potentially reaching 3.1% of GDP by 2029, as countries respond to security needs, contributing to a broader increase in defense stock values globally.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
