ARN and Seven lead gains on the Unmade Index

Hal Crawford

October 23, 2025 5:16

Thursday saw generally good growth on the Unmade Index, with the majority of companies rising.

ARN led the pack with a 6.06% gain — you’d have to assume unrelated to the news of its Brisbane breakfast show being canned (and a statement implying Kyle and Jackie O are not going into Queensland after all).

After Seven’s generally well-received but somewhat muted upfront in Sydney last night, SWM rose 3.7%. The move was not reciprocated by its proposed merger partner Southern Cross Austereo, the biggest loser of the index at -2.84%. SCA officially released a glossy annual report today, but the market had seen all the data in August.

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Hal Crawford

Crawford has worked across news media over a 30-year career, including running Ninemsn editorial in Sydney (editor-in-chief and publisher) and the TV3 newsroom in Auckland (chief news officer).

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