Unmade Index follows the wider ASX out of the trough

Australia’s media and marketing stocks roared back into life on Wednesday. The Unmade Index rose by 1.43% to 356 points, taking its cue from the wider ASX All Ordinaries which jumped by 2% thanks to slightly better news on the Middle East conflict.

The biggest three local media and marketing stocks – Nine, Ooh Media and Ive Group – were all winners, rising by 1.1%, 1.6% and 4.1% respectively. ARN Media had a bumpy day, falling to another record low before recovering to finish the day where it started.

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