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Monday 09 April 2012

Q1 shares – the Big Leap Forward

IVQS Q1 2012March was a relatively quiet month on the markets (see Share indices March 2012), but the big leaps forward in January and February helped push some of the key indices into double-digit rises during the first quarter of 2012. Nasdaq showed the highest gains, up 19%, with the FTSE Telecom Fixed Line index close behind (17%) on the back of BT’s 16% rise. The FTSE SCS index (rose almost 15%, just behind the FTSE Support Services index. Only the FTSE Mobile index declined (-3%) in line with Vodafone, which is wrestling with uncertainties over Indian tax changes. The quarter also saw the highest number of UK software and IT services exits from the London markets since Q4 2008 – and there are more to come!

Eligible TechMarketView subscription service clients can read more in the latest edition of IndustryViews Quoted Sector, downloadable here.

Posted by HotViews Editor at '15:00'