European airport shares fall, some life still in Asia – Airports Share Wrap
Shares in major European airport operators continued to drop on Wednesday, with Hochtief, which holds stakes in Athens, Budapest, Düsseldorf, Hamburg, Sydney and Tirana airports, dropping 8.0%.
Chinese airports reported stronger performances in trading yesterday. Xiamen Airport finished the day 3.3% higher, while Shenzhen (+2.4%) and Guangzhou (+0.6%) were also higher. However, Beijing and Hainan Meilan were weaker, down 1.9% and 3.4% respectively.
Elsewhere in the Asia Pacific, MAp also traded higher, up 2.5%, while Japan Air Terminal and Auckland Airport were flat. Airports of Thailand and Korea Airports lost ground, down 3.7% and 3.6% respectively.
Selected airports daily share price movements (% change): 28-Oct-09