Indices go south for the spring

It’s bizarre, isn’t it, when the only two major tech indices to march forward In Q2 were those which most perceive as the least ‘exciting’: IT hardware, and Fixed Line Telecom. All the other major indices went south, though UK tech did better than both the FTSE 100 and Nasdaq. The reversal took a lot of the steam out of the FTSE SCS (software and computing services) index, which fell by 8% in the quarter, ending June now ‘only’ 29% higher yoy and just 5% up ytd.

You can read the rest of our analysis of the UK software and IT services quoted sector, including the Top 20 Rising Stars & Blazing Comets, in the latest issue of IndustryViews Quoted Sector, available to TechMarketView Foundation Service clients to download right now.

Posted by HotViews Editor at '15:00' - Tagged: ivqs