According to reports, strong retail performance – which bodes well for the holiday shopping season – buoyed the dollar, but trading on the Street was said to be flat. However, TV prices did very well and radio wasn’t half bad, either, especially Cumulus and Radio One.
The RBR Radio Index rose 5.069, or 0.7%, to 704.552.
The TVBR Television Index rose 21.281, or 2.6%, to 831.257.
Winners
Cumulus, up 9.6%
Radio One, up 5.8%
Entravision, up 4.2%
Losers
Saga, down 4.0%
SBS, down 2.4%
Emmis, down 1.6%
