Macquarie Airports slides, Fraport and BAA parent lower, Aeroports de Paris steady, Shanghai rises


Macquarie Airports' shares slid 3.3% yesterday as the Australian Stock Exchange closed 0.75% lower on the back of a weaker Wall Street. Australian Infrastructure Fund went against the trend, rising 2.7% as Perth Airport released its traffic figures for May-2009 showing resilient demand.

Perth Airport's traffic highlights in May-2009 included:

  • Passenger numbers:
    • International: 199,863, +8.9% year-on-year;
    • Domestic: 583,694, +4.2%;
  • Aircraft movements:
    • International: 1,273, +18.4%;
    • Domestic: 5,799, +23.1%.

In Europe, Fraport dropped 1.5% as the German Dax Index slumped 3.5%, while Aeroports de Paris eased 0.2%, despite a 3.2% drop on the Paris CAC Index. BAA's owner, Ferrovial, suffered a 3.8% fall in its share price yesterday. Gemina, owner of Rome Airport slumped 9.2%, while, Zurich Airport's shares rose 1.4%. See related report: Zurich, Munich and Vienna airports feeling the pressure.

In Asia, Shanghai Airport's shares went up 1.9% on the back of strong traffic performance at the two Shanghai airports in May-2009.

Selected airports daily share price movements (% change): 15-Jun-09

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