16-Jul-2009 12:45 PM
Chinese airline stocks gain, Singapore gains despite yield pressuring warnings, Qantas and JAL also
Analysis
Most Asia Pacific airline shares gained on Wednesday (15-Jul-09), reflecting bullish sentiment on global equity markets, with the Chinese carriers leading the way. Shares in China Eastern, Air China and China Southern rose 11.0%, 7.8% and 6.8%, respectively, with Shanghai Airlines, Hainan Airlines and Cathay Pacific also gaining, up 5.1%, 1.4% and 1.3%, respectively.
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