Nine lifts the index as Vinyl Group takes a hit

Despite most media and marketing stocks falling on Tuesday, the Unmade Index finished in positive territory thanks to a strong showing from Nine.

Nine, the largest locally headquartered stock on the Unmade Index, rose by 2.6% to a market cap of just under $1.6bn.

Among the mid-sized stocks, Vinyl Group has the worst of it, losing 6.3% to fall to a market capitalisation of $104.2m. Vinyl is now trading at its lowest point over the last 12 months.

Ooh Media also sank today, losing 1% to fall back below a $500m market cap.

Be a member to keep reading

Join Mumbrella Pro to access the Mumbrella archive and read our premium analysis of everything under the media and marketing umbrella.

Become a member

Get the latest media and marketing industry news (and views) direct to your inbox.

Sign up to the free Mumbrella newsletter now.

"*" indicates required fields

 

SUBSCRIBE

Sign up to our free daily update to get the latest in media and marketing.