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Monday 01 July 2019

Share Indices for June 19

HVPJune 19 was a yet another excellent month if you are an investor in tech. NASDAQ was up 6.6% - making it a 20.5% gain YTD at the halfway point. The FTSE IT Index was up 4.2% in June - up a massive 34.2% YTD. But it was a ‘game of two halves’ with the FTSE SCS Index (the one that most closely maps the UK listed companies we track in HotViews) up 4.9% in June and up 35.2% YTD. But the FTSE Hardware Index was down 9% in June (still up 13.9% YTD) This was a direct result of the Huawei debacle.

The outlook? ‘Unpredictable’ seems to be the word of the month and year.

Richard Holway’s Review of share performance in June 19 is exclusively available to TechMarketView clients including HotViews Premium subscribers. If you are not a paying subscriber, join today!

Posted by Richard Holway at '17:14'