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Thursday 19 July 2018

*NEW RESEARCH* UK tech stocks bounce back in Q2

chartAfter a poor start to the year, most of the UK tech indices we track (see here) recovered some of the losses during Q2. The FTSE SCS index, a proxy for UK listed software and IT services (SITS) companies and the worst performer in Q1 with a fall of 30%, gained 15% in Q2 but is still 20% down year to date despite strong recoveries from Sophos (up 49% qoq), Aveva (up 41% qoq) and Micro Focus (up 34% qoq).

Subscribers to the TechMarketView Foundation Service can see the detail and the numbers in our latest quarterly review, IndustryViews Quoted Sector Q2 2018.

Posted by HotViews Editor at '15:00'