NEW RESEARCH: UK SITS stocks hit 15 year high

The combined valuation of the 100 UK-headquartered software and IT services (SITS) companies currently listed on the London Stock Exchange Main Market and AIM hit a 15-year high in 2015, at £28.1b, a value not exceeded since the heady days of the internet boom. Back in 2000, the then 168 UK SITS stocks were valued at over £50b, crashing to £21b the following year. Much water has flowed under many bridges since!

Indeed, over the past decade aggregate UK SITS company valuations have soared by over 50% - back in 2006 there were 180 listed SITS stocks valued at £18.5b.

TechMarketView Foundation Service subscription clients can take a peak under the covers at the performance of UK SITS stocks in 2015 compared to international peers in our concise annual review of the UK SITS quoted sector in IndustryViews Quoted Sector – 2015 Review out now.

Posted by HotViews Editor at '08:20'