On the 9th, shares of domestic defense stocks have continued to rally for days. With U.S. President Donald Trump saying he will increase next year's defense budget by more than 50% and expectations for strong earnings building ahead of earnings season, buying appears to be flooding in.
As of 9:35 a.m. that day, Hanwha Aerospace was trading at 1,161,000 won on the Korea Exchange, up 71,000 won (6.51%) from the previous session. It jumped to 1,175,000 won early in the session, marking the highest price of the year.
Hanwha Systems (11.77%), MNC Solution (10.83%), Korea Aerospace Industries (2.87%), and Hyundai Rotem (0.95%) are also on the rise.
Earlier, as U.S. President Donald Trump said on the 7th (local time) that he will raise next year's defense budget to $1.5 trillion, an increase of more than 50%, investor sentiment toward defense stocks appears to have improved.
Overnight on Wall Street, U.S. defense contractor Lockheed Martin rose 4.34%, and RTX (0.78%) and General Dynamics (1.68%) also climbed in tandem, with the defense sector broadly showing strength.
Earnings expectations also remain intact. Kang Jin-hyeok, a researcher at Shinhan Investment & Securities, said, "Ahead of earnings season, we focus on defense stocks with stable profit growth and less recent price burden," and added, "With 39 companies, including Hanwha, Hyundai Rotem, and KAI, participating in the World Defense Show (WDS) 2026, whether order negotiations bear fruit will be the key point to watch."