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Friday 27 April 2018

*NEW RESEARCH* UK SITS stocks plummet in Q1

chartMost of the UK tech indices we track performed badly in Q1 with the FTSE SCS index, a proxy for UK listed software and IT services (SITS) companies being the worst performer, down 30%. Indeed, the aggregate value of the 108 quoted UK SITS stocks fell for the first time in five quarters, by nearly 20% to £33.5b, led by the 60% fall in Micro Focus' share price.

Subscribers to the TechMarketView Foundation Service can see the detail and the numbers in our latest quarterly review, IndustryViews Quoted Sector Q1 2018.

Posted by HotViews Editor at '06:00'