Seven loses some ground on Unmade Index after bad news AGM

Seven West Media shares closed slightly down after the company used today’s AGM to reveal that the TV advertising market deteriorated by 12-13% in October.

SWM, which has announced plans to merge with Southern Cross Austereo, currently has a market capitalisation of just over $200m. It lost 2.14% today.

Meanwhile SCA also lost ground, declining by 1.73%.

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