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.

The biggest improvement of the day was SEN Radio’s owner Sports Entertainment Group which grew by 8.2%.