South Korea defense stocks soar with heavyweight Hanwha Aerospace surging 22% as traders react to Iran war

The sector's gains were a sharp contrast to the wider Kospi, which was down 2% and is currently leading Asian losses.

# South Korea defense stocks soar with heavyweight Hanwha Aerospace surging 22% as traders react to Iran war The sector's gains were a sharp contrast to the wider Kospi, which was down 2% and is currently leading Asian losses. **Read the full article:** [CNBC](https://www.cnbc.com/2026/03/03/south-korea-defense-stocks-soar-hanwha-aerospace-iran-us-israel-war.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*