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Hanwha Aerospace Falls 6.84% on July 15 as Middle East Tensions Weigh on Korean Defense Stocks

2026-07-14 21:43:59

Hanwha Aerospace-6.83%

Hanwha Systems-5.86%

Hyundai Rotem-2.70%

According to Korea Exchange data, Hanwha Aerospace stock fell 6.84% to 872,000 Korean won on July 15, marking its lowest level in eight months. The decline was driven by escalating geopolitical tensions between the U.S. and Iran, including threats of tariffs on Strait of Hormuz cargo and renewed military actions. Other major defense stocks also declined, with LIG Defense dropping 7.72%, Hanwha Systems falling 3.31%, and Hyundai Rotem down 2.06%, as investors reduced expectations for new defense contracts amid the unstable Middle East situation.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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