oOh!Media Limited (ASX: OML) is an outdoor advertising and media business. Founded in 1989, it has become one of Australia’s largest advertising companies. Across Australia and New Zealand, oOh!media has more than 30,000 advertising billboard locations.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished down -0.61% to 6812.30.
The ASX 200 (INDEXASX:XJO) is set to open lower on Thursday. Premier Investments (ASX:PMV) and GrainCorp (ASX:GNC) shares are in the news.
oOh!Media Ltd (ASX:OML) shares are in the spotlight today after giving an update. There is a recovery underway.
Drew Meredith and Owen Raszkiewicz from Rask Australia provide an overview of the digital advertising market, including Trade Desk (NASDAQ: TTD) stock, Ooh!Media Ltd (ASX: OML) and Google/Alphabet Inc (NASDAQ: GOOGL).
The S&P Dow Jones Indices has announced the changes to the various S&P/ASX Indices. The changes will happen on 21 September 2020.
The oOh!Media Ltd (ASX: OML) share price bounced 17.5% higher on Monday, placing it amongst the Australian share market’s best performer for the day. The OML share price reacted to news of the company’s half-year financial report (HY20).
As expected and highlighted in our previous article, the returns and results have been mixed from the ASX’s most recent spate of capital raisings.
The All Ordinaries (ASX: XAO) was trading -0.74% lower, with shares of Pointsbet Holdings Ltd (ASX:PBH), oOh!Media Ltd (ASX:OML) and Village Roadshow Ltd (ASX:VRL) moving the Australian share market.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.80% at lunch.
