Grupo Aeroportuario Del Sureste S.A. ADR (ASR)

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Why is Grupo Aeroportuario Del Sureste S.A. ADR (ASR) Stock down?

We've noticed a 5.11% decline in Grupo Aeroportuario Del Sureste S.A. ADR (ASR) stock during the 2023-11-09 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!

05 Oct, 2023:

Grupo Aeroportuario del Sureste SAB de CV (ASR) dropped by 18.14% from $242.40 to $198.43 in the trading on Thursday October 5, 2023. The reasons why stock ASR down today includes:

Overall market weakness: The broader Mexican market was impacted. The country's main stock index slid nearly 4.5% at one point. The iShares MSCI Mexico ETF (EWW) was down about 4%.
Tariff regulations: The country's civil aviation regulator announced changes to tariff regulations that sets price caps for airport tariffs, including the passenger fee known as the TUA.