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Friday 19 January 2018

* NEW RESEARCH * UK quoted tech stocks soar in 2017

chartEight UK tech companies joined the London Stock Exchange in 2017, with five departures resulting in a net gain of three. However, the gain in aggregate value was more dramatic, increasing by 58% from £26.2b at the end of 2016 to £41.3b at the end of 2017. This was driven by the general increase in value of tech stocks, the revaluation of Micro Focus – now the UK’s most valuable software company – post the HPE Software acquisition, and the IPO of Alfa Financial Software which was valued at £1.6b at the year end.

Subscribers to the TechMarketView Foundation Service can download the latest edition of IndustryViews Quoted Sector to see our analysis of how the stock performance of UK software and IT services companies listed on the London Stock Exchange compares with their key international peers.

Posted by HotViews Editor at '07:54'