Aviation Reporter Daily Dawn + Dawn TV Report
Islamabad: After the Pakistan Air Force shot down Indian jets, the shares of a Chinese company that makes JF-17 Thunder and J-10C suddenly increased.
Last night, the Indian Air Force attacked 6 different places in Pakistan from its territory, in which 26 people were martyred and 46 were injured. India targeted mosques in Pakistan.
In response to the Indian attack, Pakistan Air Force shot down 5 Indian aircraft and drones, including 3 Rafale aircraft, a MiG-29 and a Sino-Japanese aircraft.
Following the strong response from Pakistan Air Force, the shares of Chengdu Aircraft Corporation, the Chinese company that makes JF-17 Thunder and J-10C, increased by 18.18%.
On the other hand, after a total of five fighter jets, including three Rafale jets of the Indian Air Force, were destroyed, the shares of the French company Dassault Aviation, which manufactures the Rafale aircraft, fell significantly.
The shares of the Dassault company have fallen in the Varpi stock market, which analysts are linking to the failure of the Indian Air Force’s Rafale aircraft.
Rafale aircraft are considered to be the most advanced combat aircraft, which are in use by the Indian Air Force.
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