AVIC Chengdu share price: J-10 fighter jet maker stock rebounds after falling for two straight sessions
AVIC Chengdu share price: Chinese defence stock — AVIC Chengdu — rebounded sharply on Monday, May 19, after two sessions of back-to-back losses.
The stock of AVIC Chengdu, J-10 fighter jet maker, has traded on a volatile note since an address by Prime Minister Narendra Modi against India’s changing stance towards tolerance of terrorism.
AVIC Chengdu share price trend
AVIC Chengdu Aircraft share price gained 5.6% in intraday trade to hit the day’s high of 90.99 yuan, as against its previous closing price of 86.08 yuan. With today’s gains, the Chinese defence stock has wiped off losses of 4.8% seen over the last two trading sessions.
Meanwhile, in May so far, the J-10 fighter jet maker’s stock has rallied a whopping 50% amid the…
