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WPP boosts ad tech offer in Germany with OH-SO Digital investment
(Alliance News) - WPP PLC on Thursday said it had bought a minority stake in OH-SO Digital, a new digital-first marketing agency launching March 1.
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Share Price Information for WPP (WPP)
Share Price is delayed by 15 minutes
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Share Price:
823.40
Bid:
825.20
Ask:
825.40
Change:
1.40 (0.17%)
Spread:
0.20 (0.024%)
Open:
814.20
High:
827.00
Low:
814.20
Prev. Close:
822.00
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Don't have an account? Click here to register.Sector movers: Industrial miners shrug off Chinese data
Fri, 13th Apr 2012 15:12
Industrial metals and mining stocks were the best performers of the day despite some worse-than-expected economic data from China.Gross domestic product (GDP) growth in China slowed to an annual rate of 8.1% in the first quarter of 2012, according to the National Bureau of Statistics, down from the 8.9% expansion seen in the fourth quarter of last year and worse than the +8.4% estimate. While the Chinese GDP data did indeed come in below expectations, a rate over 8% still does not mean that the economy may experience a 'hard landing'. Also, rumours were flying around the market that the 'weak' growth (by Chinese standards) may prompt its central bank to boost the economy by launching new stimulus measures. As such, investors poured into mining stocks such as Evraz, Ferrexpo, and Zanaga Iron Ore.In contrast, media stocks were out of favour with shares of BSkyB, ITV and WPP, among the biggest stocks in the sector, firmly lower.A big mover in the category though was penny stock Motive Television. Shares in Motive fell 12% after announcing that CCan 2005 Inversiones Societarias (minority shareholder of Motive's subsidiary Motive Television SL) is now free to exercise an option to sell its 32.3% holding to Motive for €2.1m."CCan has confirmed to Motive that it will not exercise the put option before May 31st 2012 and is currently in negotiations with Motive regarding satisfaction of the option," the group said.Top performing sectors so far todayIndustrial Metals & Mining 3,971.00 +1.82%Real Estate Investment & Services 1,628.84 +0.46%Electronic & Electrical Equipment 3,369.64 +0.35%Bottom performing sectors so far todayMedia 4,232.48 -1.98%Automobiles & Parts 4,664.44 -1.87%General Retailers 1,752.73 -1.70%Construction & Materials 3,416.83 -1.69%Industrial Transportation 2,520.67 -1.57%BC
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European shares fall as hot U.S. inflation data rains on rate-cut hopes
WPP down after UBS downgrade
*Read more11 Jan 2024 17:03
11 Jan 2024 16:34
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WPP slumps after double downgrade to 'sell' by UBS
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