BAE Systems share price in dramatic climb to new all time high after Ukraine aid talks

BAE Systems share price in dramatic climb to new all time high after Ukraine aid talks

03 Mar Stock Analysis

Weapons and fighter jet manufacturer BAE Systems has seen its shares soar higher as the defence sector received a boost following the Ukraine summit hosted by Prime Minister Sir Keir Starmer over the weekend.

Shares in BAE hit a record high after jumping by 19 per cent at one stage in Monday morning trading, helping the wider FTSE 100 Index also lift to a new all-time high, up 23 points at 8832.8. By 10am GMT they had retraced slightly, but BAE remained up 14 per cent for the day at £16 per share.

It leaves BAE shares up almost 40 per cent for the year to…

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