MARKET OPEN: Auckland Airport AGM front of mind

Thu, 22 Oct 2020

Investors will be closely watching Auckland International Airport’s virtual annual general meeting today and any hint of positivity will see the beleaguered stock get a lift.The meeting will kick off at 10am.Auckland Airport last traded at $7.22, down about 20 percent since the start of the year, as the international gateway has grappled with the shutdown of New Zealand’s international borders.The airport’s international passengers, excluding transits, were down 96.9 percent in September and domestic passengers were down by 53...

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