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Malaysia Airports surges again - share wrap

Malaysia Airports CEO, Dato Bashir Ahmad
Malaysia Airports CEO, Dato Bashir Ahmad

Malaysia Airports shares surged 7.1% - significantly outstripping the 2.5% rise on the Kuala Lumpur Composite Index yesterday. The stock has risen approximately 30% since early Feb-2009, as concerns over a competing LCC airport near Kuala Lumpur International Airport have eased after the government ruled out the AirAsia-led proposal.

Malaysia Airports share price: 02-Jan-09 to 23-Mar-09

Elsewhere, Beijing Airport shares rose 5.5% in a strong overall market in Hong Kong, while Copenhagen Airport eased 2.4% as concerns over major customer, SAS Group, continued to mount.

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Selected airports daily share price movements (% change): 23-Mar-09

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