J-10 fighter jet maker AVIC Chengdu share price crashes 5% after Asim Munir-Donald Trump meeting
AVIC Chengdu Aircraft share price: The Chinese defence stock, AVIC Chengdu Aircraft, cracked 5% in intraday deals on Thursday following a sharp rally a day ago.
The stock, which manufactures J-10 fighter jets used by Pakistan against India in the latest military flare-up, had surged nearly 10% on Wednesday ahead of a meeting between Pakistan Army Chief Munir and US President Donald Trump at the White House. However, today, the stock reversed course amid a lack of any announcements, which dampened sentiment. Analysts had signalled that any positive developments could have acted as a fresh trigger, but a lack of announcements could dampen sentiment.
AVIC Chengdu Aircraft stock price trend
AVIC Chengdu Aircraft share price opened at 86.59…
