Vienna Airport higher, AdP steady, TAV and Macquarie Airports close lower - Share Wrap

Shares in the operators of Copenhagen Airport and Vienna Airport rose yesterday, gaining 3.8% and 1.1%, respectively, while Aeroports de Paris was steady in what was a fairly lacklustre day for European shares.

TAV Airports shares slipped back (see analysis of first quarter earnings), while Macquarie Airports shed 3.5%. Beijing Airport dropped back 2.6%, leading most Asian airports lower as oil prices soared above USD69 per barrel.

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