Malaysia Airports shares surge - share wrap

Malaysia Airports Holdings Bhd's (MAHB) share price soared 17.4% on 04-Mar-09, the same day it identified the site for the new permanent LCCT, which will have capacity for up to 35 million passengers p/a when it becomes operational in 2011.

Elsewhere, Hochtief, Fraport and Zurich airports all reported strong share price gains, of 12.1%, 8.2% and 6.7%, respectively, on much healthier broader market sentiment, although Vienna Airport's share price slipped 4.7%.

Selected airports daily share price movements (% change): 04-Mar-09