Asia’s arms makers and naval shipbuilders are leading a global surge in defence stocks this year as investors bet that the region’s companies are primed to lead a rearmament boom.
Triple-digit share price increases for big arms companies listed in South Korea and Japan have pushed them into the top 20 gainers on the MSCI All-Country World index for 2024, as defence-related stocks have gone on the march globally from Norway to Brazil this year.
The share moves underline a darkening in the global security order. US allies in Europe and Asia are bracing for Donald Trump’s second presidency to push them to pay more for their own defence. Threats from Russia and China have already forced a reversal in decades of cuts to arms budgets.
您已阅读15%（736字），剩余85%（4282字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。