Created by Airport Insights, the Airport Operator Stock Index is a customized market capitalization-weighted stock market index that tracks the performance of 26 airport operators listed in stock exchanges all over the world.
It tracks the total market capitalization of this group of airport operators on a weekly basis, with the 31 July 2020 being the base date and containing a value of 100 derived from the weighted average market capitalization as of the base date.
Over the past week, the Index rebounded by 5.6 points to settle at 108.7 points at the close of 6 Nov 2020. Compared to the start of the Index on 31 July 2020, the Index has increased by 8.7 points.
Financial markets around the world have rallied after Joe Biden’s victory in the US presidential election, with global shares reaching a record high.
Except for Copenhagen Airports A/S, all of the airport operators saw positive growth in their market capitalization in the week ending on 6 Nov 2020.
Corporacion America Airports saw the biggest increase in market capitalization by 15.1% over the week ending on 6 Nov 2020.
Analyzing the growth in market capitalization from the start of the Airport Operator Stock Index on 31 July 2020 , Grupo Aeroportuario del Pacífico's stock at the New York Stock Exchange showed the highest growth in its market capitalization at 38.6%.
Highlights of the week ending on 6 Nov 2020:
Fraport reported net group losses of EUR 537 mil (US$ 627 mil) in its interim third quarter release which included EUR 208 mil in cost-saving measures to lower personnel costs.
In the year to end of September 2020, revenue at the Fraport Group was down by almost 54% from the same period last year, to EUR 1.32 bil (US$1.57 bil).
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