Quoted UK SITS valuations at 2-year high

The aggregate value of UK software and IT services (SITS) companies listed on the London stock market (Main and AIM) hit a two-year peak last quarter, reaching £22.3bn. The number of quoted companies rose again for the second successive quarter to 98. Indeed, the FTSE SCS (software and computer services) index was almost 23% higher ytd at the end of Q3 (to 30th Sept), just pipping the 21% gain on Nasdaq.

Eligible TechMarketView subscription service clients can read a more detailed analysis of how the stock performance of UK software and IT services companies compares with their international peers by downloading the latest edition of IndustryViews Quoted Sector. 

Posted by HotViews Editor at '09:35'