A good day on the Unmade Index
Remembrance Day proved to be a strong one for the Unmade Index, with the majority of our media stocks gaining ground.
The biggest mover among the >$100m cap club was Ive, gaining 4.41%, followed by Seven (+3.70%), Vinyl (+3.57%) and Ooh (+2.78%). Nine — which continued along its path, putting names to the recently expanded $100m cost-out program — also picked up a few cents (+1.80%).
Of the smaller caps (<$100m), Sports Entertainment Group (SEG) and data and insights company Pureprofile also gained, the latter significantly (+13.64%). Pureprofile’s small size (cap just over $56m as of today) and very low share price (5c) incline it to volatility.
None of these stocks had any announcements on the ASX.