Enero back on the bottom

Enero, Australian’s only locally listed communications holding company, returned to its lowest price in a decade after losing 2.5% on the ASX today.

Enero is owner of agency groups BMF, Hotwire and Orchard. The company’s market capitalisation fell to $53m on a mixed day on the Unmade index. Enero briefly hit a similar number in December, before recovering slightly over the last few weeks.

At the top end of the table, Nine improved by 0.9%, while Ive Group was up 1.7% and Southern Cross Austereo bouncing back by 3.2% from last week’s low point.

The Unmade Index closed almost flat on Monday, losing just 0.07% to land on 435.8 points.

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