My Account Menu

CAPA Login


Register to trial CAPA Membership!

Equities sell-off hits Asia Pacific airlines

24-May-2011

Asia Pacific airline shares were caught in the wave of selling on global stock markets yesterday, with Chinese carriers among the worst performers.

Chinese stocks closed down almost 3% yesterday on fears of a slowdown in the world's second largest economy. Hong Kong's Hang Seng Index closed 2.1% lower. Cathay Pacific shed 2.8%.

Australian airlines Qantas and Virgin Australia closed steady.

Selected Asia Pacific daily share price movements (% change): 23-May-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.