Better days ahead for job advertisers

The Royal Bank of Scotland (RBS) has upgraded its forecast for Australia's job advertising market. The firm now expects the sector to record growth of eight per cent in the first half of 2010. It had previously anticipated a three per cent downturn. RBS believes that Seek, Fairfax Media and APN News & Media are among the stocks that will benefit from the expected upturn.

Publication Date: 22 October 2009

ROYAL BANK OF SCOTLAND GROUP PLC
SEEK LIMITED - ASX SEK
FAIRFAX MEDIA LIMITED - ASX FXJ
APN NEWS AND MEDIA LIMITED - ASX APN
TEN NETWORK HOLDINGS LIMITED - ASX TEN
AUSTAR UNITED COMMUNICATIONS LIMITED - ASX AUN
WEST AUSTRALIAN NEWSPAPERS HOLDINGS LIMITED - ASX WAN
STANDARD AND POOR'S ASX 300 MEDIA INDEX
STANDARD AND POOR'S ASX 300 INDEX
MERRILL LYNCH (AUSTRALIA) PTY LTD
AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED - ASX ANZ
SEVEN NETWORK LIMITED - ASX SEV
NINE NETWORK AUSTRALIA LIMITED
CONSOLIDATED MEDIA HOLDINGS LIMITED - ASX CMJ
PBL MEDIA PTY LTD
CREDIT SUISSE (AUSTRALIA) LIMITED

Related terms: advertising, australia, bank, banking, index, market, media, new zealand, scotland