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Shanghai Airport has a strong day, infrastructure funds doing well - airport share wrap

Analysis

Shares in Shanghai Airport Co Ltd jumped 5.6% in a broadly stronger Chinese market yesterday.

Elsewhere, infrastructure funds (with airport exposures) Infratil and Australian Infrastructure Fund continued their recent good form, rising 3.2% and 2.7%, respectively, while Macquarie Airports added 1.5% and Germany's Hochtief was virtually steady.

Selected airports daily share price movements (% change): 24-Mar-09

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