Shares in Australian media companies took a hammering in a global stock market storm sparked by rising oil prices.
The local market was hit by a wave of selling after crude oil prices surged 25% in the wake of the US attack on Iran.
The ASX 200 closed down 2.9% on fears of rising costs from inflated bowser prices.
Market leader Nine Entertainment fell almost 7% yesterday to 93.5 cents a share.
Southern Cross Media Group fell almost 2.4% to close at 61.5 cents.
Enero, the owner of creative agency BMF, added almost 1% to end trading at 51 cents.
Outdoor sector leader oOh!media was at 95.5 cents, down just 0.5%.
Data and insights company Pureprofile fell more than 7% to 3.9 cents.
And global media group News Corp, well off its highs recently, was down almost 1% to $38.88.
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