NEC, Ooh and SEG lead the way on Unmade Index

Gains from Nine (+0.88%), Ooh Media (+2.62%) and Sports Entertainment Group (+9.43%) kept the Unmade Index in positive territory today, with the highest single day gain in a month.

The fluctuations on the Index did not seem particularly structural — for example, SEG was just making up ground it lost yesterday. We will keep an eye on Southern Cross Media over the coming weeks with the continued downward movement following its merger with Seven (down slightly at 0.66%)

Also on the downside, the sharpest move came from Aspermont, down 14.29% (as yesterday, ignore the market cap in the graph), with Motio also falling hard, off 5.66%. ARN was down 2.47%, while Ive slipped 1.01%. Vinyl and Gumtree were unchanged.

After five days of gains (today +0.85%), the Unmade Index stands at 457.8.