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Australian Infrastructure Fund caught in downdraft - share wrap


Australian Infrastructure Fund (AIF) shares slipped another 4.7% yesterday, with the fund caught up in the wave of selling to hit infrastructure and financial services stocks in recent days.

AIF's shares have fallen over 20% since the start of 2009 - worse than the 13% fall in the benchmark Australian ASX Index.

Australian Infrastructure fund share price: 02-Jan-09 to 03-Mar-09

Elsewhere, Macquarie Airports fell another 1.1% yesterday, but is 4% higher in morning trade today.

Selected airports daily share price movements (% change): 03-Mar-09

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