Print Published 12th Dec 2017, 22:42

Sector share prices: 12 December 2017

MSFI Index 12Dec17

Shares of marketing services companies continued to gain value in the month to 12 December as the sector’s MSFI Index improved by a further 2.13%.  In the same period the FTSE All-Share Index improved by only 0.74%.

However, only 37% of marketing companies’ shares registered any price increase in the month. Another 16% showed no movement at all and 47% slipped backwards.

Significant share price increases were recorded by Communisis (up 10.4% – a surprising response to news that the chief financial officer has been replaced – see Communisis replaces chief financial officer) and St Ives (up 9% after reporting a mixed performance in the first quarter).

Among shares on a downward trajectory were those of Reach4Entertainment (down 19.8% after raising more capital – see Reach4Entertainment raising £5.5m), Jaywing (down 18.5% after issuing a profit warning – see Jaywing issues profit warning as it feels economic draught), Matomy Media (down 16.1%), The Mission Marketing Group (down 13.5%) and Crossrider (down 10% after announcing management changes at its newly acquired Romanian subsidiary CyberGhost).

sector share prices 12Dec17