MAp, BAA parent and Fraport falls back while Chinese airports bounce back
MAp’s shares lost ground yesterday, sliding 3.1%. Shares in the infrastructure fund gained 1.0% the previous trading day following the finalisation of the agreement to divest its 35.5% interest in Bristol Airport to Ontario Teacher’s Pension Plan and acquire a further 3.9% stake in Copenhagen Airport.
Also in the Asia Pacific region, Auckland Airport’s shares continued their recent positive performance, gaining 2.0%. Rival airport, Christchurch Airport, reported a 1.3% decline in passenger numbers in Nov-2009, on the back of a 10.5% fall in aircraft movements.
Selected airports daily share price movements (% change): 23-Dec-2009