Tourism and leisure stocks fell heavily in Thailand yesterday as the benchmark SET slumped 4.3% - its biggest single-day fall in 15 months - on concerns that an anti-government protest on Sunday could trigger fresh political instability.
Airports of Thailand shares fell 3.4%. The airport operator this week approved a THB4 billion (USD139 million) budget to compensate residents living near Suvarnabhumi Airport affected by aircraft noise. According to a report in The Nation newspaper, the approval was reportedly influenced by a sit-in protest by around 200 residents at a gate to the departure terminal of the airport since last Thursday night.
Selected airports daily share price movements (% change): 24-Jan-2011
Want more analysis like this? CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find out more and take a free trial.