CommSec’s Tom Piotrowski says the share price of defence contractors “tended to fall” due to the ongoing Russian invasion of Ukraine. “Because there is a sense that perhaps there won’t be as much of a call on the hardware associated with fighting wars,” Mr Piotrowski told Sky News Australia. “We had Lockheed Martin, Raytheon, General Dynamics, Boeing – all of those stocks were a little bit lower as far as US trade was concerned.” Presented by CommSec.
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