Grupo Aeroportuario Del Sureste S A Adr (ASR)

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.