Monday 11 April 2022

*NEW RESEARCH* Tech stocks struggle in a volatile quarter

Q1 2022 indices chartRecent macroeconomic and geopolitical events inevitably generated volatility in all three main indices which we track. The diversified FTSE 100 however recovered much ground lost by end March and finished 2% up QoQ. The tech-focused NASDAQ and FTSE SCS remain down QoQ 9% and 17% respectively, though the NASDAQ bounced back 4.6% in March thanks to the strong performance of the leading US Big Tech stocks.

Amongst the smaller, specialised tech indices, it was a gloomy quarter, with only the FTSE Telecom and FTSE Mobile recording gains QoQ.

Subscribers to the TechMarketView Foundation Service and UKHotViews Premium can read more by downloading the Q1 2022 edition of IndustryViews Quoted Sector. Or for commentary by month, see Share Performance in March 2022 and work back to see earlier months.

Posted by Tania Wilson at '09:00' - Tagged: markets