Nine leads the pack in better quarter for the ASX’s media and marketing companies

Tim Burrowes

April 2, 2018 4:37

Nine has continued its run as the best performing media and marketing stock on the ASX in the first quarter of 2018.

Nine boss Hugh Marks has presided over a growing share price

The share price of Nine Entertainment Co (ASX:NEC) has risen by 48.4% in the first quarter, from $1.53 per share to $2.27 – taking the company to a market capitalisation of $2bn.

The successful quarter builds on the company’s performance in the 2017 calendar year, where the share price grew by 45.2%.

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Tim Burrowes

Tim Burrowes is the publisher of Mumbrella and Unmade. He co-founded Mumbrella in 2008 and sister title Unmade in 2021. He's worked in the UK, Middle East, Asia & Australia and has specialised in writing about the communications world for the last 25 years. He wrote the book Media Unmade, published in 2021, and became the presenter of MediaLand on ABC Radio National in 2025.