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Korea Airport Service rises, Ferrovial and Beijing Capital fall – SHARE WRAP

Korea Airport Service Co Ltd added 5.3% yesterday, outperforming the benchmark Kospi Index, which rose 0.6% on strong foreign and retail buying. The local currency also fell against the US dollar.

Ferrovial shares eased 2.9%, despite revealing EUR1 billion in contract wins by British service unit, Amey, in the first quarter.

Beijing Airport shares fell 3.2% yesterday. Late last week, the site of Beijing’s second airport was decided.

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Selected airports daily share price movements (% change): 21-Apr-09