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05-Nov-2009 1:13 PM

BAA parent, Ferrovial, soars, Aeroports de Paris and MAp bounce back

Analysis

Airport shares worldwide bounced back yesterday, after beginning the week on a low, led by BAA parent, Ferrovial, which soared 6.0%.

Major airport investors welcomed Airports Council International's growth forecast for 2010, with MAp, Aeroports de Paris and Fraport trading up +2.2%, +1.8% and +1.4%, respectively.

Japan Airport Terminals and Italian airport operators, Aeroporto di Venezia and Aeroporto di Toscano went against the trend, closing down 4.4%, 3.7% and 2.3%, respectively.

Selected airports daily share price movements (% change): 04-Nov-2009

Source: Centre for Asia Pacific Aviation & Yahoo! Finance

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