Rafale shares fall after Pakistan incident

 

Shares of the Rafale manufacturer are falling after Pakistan shot down 5 Indian planes.

Three Rafale aircraft, a MiG-29, a Su-30 and a Heron drone were shot down during the escalation of the conflict.Shares of Dassault Aviation, the French company behind the Rafale fighter jet, plummeted 6% on Wednesday.

This happened after the Pakistani Air Force shot down 6 Indian aircraft, including three Rafale aircraft, amid rising military tensions along the Line of Control (LoC).

Pakistan says Indian planes were intercepted before crossing the airspace.