Israel-Iran Warnation: Avic Chengdu share price is rising for the second straight session. More steam ahead? | Einsmark news

Avic Chengdu share price: In the midst of the Israel-Iran frightened and overall positive sentiments in Chinese stock markets, shares of Avic Chengdu aircraft, the manufacturer of the J-10 fighter aircraft rose for the second straight session on Thursday, June 26. Defense and technical sectors have led China shares, which were on the fourth straight session, as a Reuters reported. Meanwhile, the CSI defense index has risen 1.9%, with Avic Chengdu Aircraft share price achieving more than 3% in the intraday transactions today. Analysts said the markets were calm by a ceasefire between Israel and Iran that seems to be holding, which reduces the risks of disruption in the global oil trade. More to come …