Analysts speculated that traders didn’t know what to make of a complex global issue mix, and were all over the map when it came to trading strategies. But broadcasters were up, although for TV is was by a scant margin. CC Media was the top performer.
The RBR Radio Index rose 4.003, or 0.5%, to 798.232.
The TVBR Television Index rose 1.413, or 0.2%, to 796.890.
CC Media, up 3.9%
Gray, up 2.0%
SBS, up 1.9%
Entravision, down 1.9%
Salem, down 1.8%
Saga, down 1.2%