Print Published 13th Jul 2018, 18:18

Sector share prices: 12 July 2018

Shares in publicly listed marketing companies lost a small amount of ground in the month to 12 July, in line with the FTSE All-Share Index.

The FTSE All-Share Index fell by 1.06% while the marketing sector’s MSFI Index slipped by 0.95%.   Uncertainty about the economy and Brexit remained a dampening influence.

Bucking the cautious trend were shares in Huntsworth, rising by 11.6% in the month and more than doubling their value in the past year (see Huntsworth shares doubled their value in last year).

M&C Saatchi was the only other company to experience a significant price rise in the month – in its case the rise was 5.5%.

More than half the companies in the marketing sector suffered a price fall, led by Porta Communications whose shareholders still seem to be digesting the impact of the sudden departure of chief executive Steffan Williams (see Williams makes abrupt exit from Porta Communications).  Its shares lost 15.1% of their value in the month.

Zinc Media and Jaywing witnessed share price falls of 11.3% and 11.1% respectively.  Other more modest price falls were experienced by Matomy Media Group (down 9.3%), Ebiquity (down 8.3%), St Ives (down 8.2%) and Next Fifteen Communications Group (down 7.7%).