Stocks

Dassault Aviation shares rally after Egypt orders French fighter jets By Reuters

© Reuters. FILE PHOTO: The logo of French aircraft manufacturer Dassault Aviation is seen on a hangar in Merignac

PARIS (Reuters) – Shares in Dassault Aviation surged higher on Tuesday, after Egypt’s defence ministry said it had signed a contract with France to buy 30 Rafale fighter jets.

Dassault Aviation’s shares were up by around 4.8% in early session trading, among the top performers on Paris’ SBF-120 equity index.

The Egyptian deal provides a further boost for the Dassault-made warplane after a 2.5 billion euro ($3 billion)agreement was finalised in January for the sale of 18 Rafales to Greece.

($1 = 0.8310 euros)

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.


Most Related Links :
Business News Governmental News Finance News

Need Your Help Today. Your $1 can change life.

[charitable_donation_form campaign_id=57167]

Source link

Back to top button