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Fundamental Review: June 3rd, 2015

By Panayiotis MiltiadousMarket OverviewJun 03, 2015 06:59AM ET
Fundamental Review: June 3rd, 2015
By Panayiotis Miltiadous   |  Jun 03, 2015 06:59AM ET
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Match Media Acquires Publicis
Publicis Groupe (PARIS:PUBP) announced today the acquisition of the Australian company Match Media, in efforts to expand its startup media network, Blue 449.

"Match Media in Australia will be the peak of the expansion of Blue 449 network in Asia - Pacific," stated the announcement. The French advertising company did not, however, reveal the financial details of the agreement.

Match Media, which is headquartered in Sydney and employs more than 75 employees, specializes in strategy of the media, digital planning, search services (search), social networks and analytics.

Downward Moves In Tokyo
Japanese equities fell today, with the investors moving to reap the profits recorded during the 12-day rally that was interrupted yesterday.

Nikkei fell by 0.5% to 20,449.20 points, having reached until Monday the longest upward trend since 1988.

The broader index Topix dropped by 0.3% to 1,668.96 points, while JPX-Nikkei Index 400 fell by 0.3% at 15,072.85 points.

The sector of real estate also fell by 1.9%. The shares of Mitsubishi Estate (TOKYO:8802) and Mitsui Fudosan (TOKYO:8801) fell by 2% and 1.8%, respectively.

Macron: A Deal With Greece Can Be Reached

The French Minister of Economy, Emmanuelle Macron, said today that he is confident that an agreement can be reached between Greece and its creditors.

"We are confident in the chances of an agreement because there has been an extremely intense Franco-German work on this subject. The last few days have shown it and the next days will show it," Macron told reporters alongside his German counterpart Sigmar Gabriel.

Fundamental Review: June 3rd, 2015

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Fundamental Review: June 3rd, 2015

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