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Friday 19 October 2018

*NEW RESEARCH* UK SITS stocks out of favour in Q3

chartAfter showing some improvement in Q2, most of the UK tech indices we track fell back again in Q3. The FTSE SCS index, a proxy for UK listed software and IT services (SITS) companies was down 2.2% in Q3 resulting in a fall of 21.9% YTD. The quarterly fall was more than that of the broader FTSE 100 index which was down 1.7% in Q3 indicating a less positive sentiment towards UK SITS stocks.

Subscribers to the TechMarketView Foundation Service can see the detail and the numbers in our latest quarterly review, IndustryViews Quoted Sector Q3 2018.

Posted by HotViews Editor at '07:44'