Mexican Airports Soar: Here's Why
The airport operators leapt as much as 26% on Thursday following a favorable contract agreement.
Summary
Sureste Airports shares (ASR) soared 26% in Thursday's trading session, leading the rally among Mexican airport operators.
The company secured a favorable new 5-year development plan with the Mexican Transportation department.
Sureste secured a large tariff increase, contrary to prior expectations.
This should put to rest the prior worries about gov…
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