No matter what the future looks like, bellwether stocks like these three in the areas of business confidence, construction plans, and consumer buying behaviour, will be what ultimately drives the economy and in turn the stock market.
It’s been a rough morning of trade for Out of Home media company Ooh!Media Limited [ASX:OML], who have seen $1.54 slashed off their share price before midday today.
At time of writing, the share price of oOh! Media Ltd [ASX:OML] is up 5.88%, trading at $4.42 per share. This comes as the company announced a 10-year street furniture contract with the Brisbane City Council via Adshel.
oOh!media Limited [ASX:OML] picked up another 2% in today’s trading. OML has been a stock on ‘explosive’ growth over 2015, and its stock performance has reflected that growth.