It’s bizarre, isn’t it, when the only two major tech indices to march forward In Q2 were those which most perceive as the least ‘exciting’: IT hardware, and Fixed Line Telecom. All the other major indices went south, though UK tech did better than both the FTSE 100 and Nasdaq. The reversal took a lot of the steam out of the FTSE SCS (software and computing services) index, which fell by 8% in the quarter, ending June now ‘only’ 29% higher yoy and just 5% up ytd.
You can read the rest of our analysis of the UK software and IT services quoted sector, including the Top 20 Rising Stars & Blazing Comets, in the latest issue of IndustryViews Quoted Sector, available to TechMarketView Foundation Service clients to download right now.
Posted by HotViews Editor at '15:00'
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