Unmade Index: Seven West Media stock slumps to six-month low

Seven West Media today saw its shares hit their lowest point in nearly six months with a fall of 3.6%.

The $208m market capitalisation of Seven West Media is now just above that of audio company Southern Cross Austereo, which closed the day on $203m. The two companies plan to merge in the coming weeks.

It was a bad start to the week across the broadcast sector. Nine lost 0.8% while ARN Media declined by 2%.

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