Siren DIVCON Dividend Defender ETF

43.00

-0.3034-0.70%

Volume:9.28K

Turnover:403.77K

Market Cap:8.82M

PE:- -

High:45.70

Open:45.70

Low:42.05

Close:43.30

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Yesterday, the ASX exchange-traded fund  closed the session at $35.02, up 1.07% for the day.  Defence is the hottest new investment theme amid the US pressuring scores of Western nations to raise their defence budgets. Amid a volatile new conflict in the Middle East, the US has made it clear that it wants nations to better prepare themselves. That includes Australia, with the US pushing us to raise defence spending from 2.1% to 3.5% of gross domestic product . The US also wants the 32 NATO nations to raise their defence spending to 5% of their GDP.  The NATO Secretary-General reckons that's a reasonable request given China and Russia's rapid build-up of defence capability. Secretary-General Mark Rutte said NATO needs \"a quantum leap in our collective defence\" to keep up with its adversaries.  He'll be pushing for the 5% GDP commitment at the 2025 NATO Summitat The Hague on 24–25 June. 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