My Account Menu

CAPA Login

Register to trial CAPA Membership!

Middle East unrest leaves stocks unsteady


Airline stocks in the Middle East tumbled yesterday, with unrest in Bahrain and Libya causing jitters in North African and Middle Eastern markets. Shares were down across the board for listed carriers in the Middle East, with Royal Jordanian (-4.8%) and Kuwait National Airways(-4.5%), parent of Wataniya Airways, suffering the most.

Air Arabia shares were relatively untroubled, down just 0.1%.

Selected MEAAD daily share price movements (% change): 17-Feb-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.