[Edaily Reporter Kwon Oh Seok ] Domestic defense stocks are showing strength during today’s trading session. This appears to be a spillover effect as the likelihood of renewed military conflict between the U.S. and Iran increases. Portable surface-to-air missile. The photo is unrelated to the Iranian military. (Photo: AFP) According to MP Doctor on the 30th, as of 49 minutes past the hour, HANWHA AEROSPACE(012450)is trading at 901,000 won, up 11.23% from the previous trading day. Along with this, LIG Nex1 Co., Ltd.(079550) is up 7.42%, KOREA AEROSPACE INDUSTRIES(047810) is up 6.30%, HANWHA SYSTEMS(272210) is up 5.90%, and HYUNDAI ROTEM(064350) is up 5.08%, with all stocks rising in unison. Tensions in the Middle East are escalating after Iran attacked a U.S. military base in Jordan, prompting U.S. President Donald Trump to issue a strong warning of retaliation. According to foreign media reports on the 29th (local time), Iran launched a surprise attack the previous day, firing multiple ballistic missiles at a U.S. military base in Jordan, all of which were intercepted by the U.S. military. In response, President Trump warned of immediate retaliation in a phone interview, stating, “We will strike back hard. They will get hit.” President Trump had been conducting airstrikes against Iran for about two weeks starting on the 11th but suspended them on the 24th. However, with this surprise attack by Iran increasing the likelihood that U.S. airstrikes will resume, the market is on edge.
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