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Comair only gainer for the day; Lonrho, Kuwait National Airways and Jazeera decline

Analysis

The majority of Middle East and African airline shares were down on Thursday (09-Jun-2010). Kuwait National Airways (-2.0%) and Jazeera Airways (-1.6%) were both down, as the Kuwait Stock Exchange (-0.8%) ended trading down after a volatile day of trading.

Also in the Middle East, Royal Jordanian (-0.6%) was also down, as the Amman Stock Exchange eased 0.1%. Air Arabia was flat.

In Africa, Comair (+2.5%) was the only gainer of the day, while 1time Holdings was flat. Lonrho (-2.2%) and Kenya Airways (-1.0%) declined.

See related CAPA Profiles:

Selected African and Middle Eastern airlines share price movements (% change): 09-Jun-2010

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