Auckland Airport shares halted as it weighs up travel ban

Thu, 12 Mar 2020

Trading in Auckland International Airport shares has been halted while the country’s main gateway works out what a ban on travel from Europe to the US means for its business.The company sought the halt just before 4pm, with the shares down 8.1 percent at $7.73. Like other travel-focused businesses, its shares have been under the pump as investors shy away from firms exposed to the covid-19 outbreak. The stock has dropped almost 19 percent this year.The World Health Organisation formally declared the outbreak to be a pandemic today, sparking ano...

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