Sage dips as sentiment cools

Shares in accounting software group fall as market shies away from technology stocks

Written by Nicholas Neveling

Sage , the accounting software giant, saw its stock fall 0.4% to 272.75p as sentiment towards the technology sector cooled.

The stock was hit by a sell-off of technology shares in the US overnight, where Apple reduced its quarterly earnings guidance and fears grew that the demand for computer products was easing.

Sage is the only techology stock left in the FTSE 100 .

Further reading:

Sage promises new dawn

Sage profits boosted by acquisitions

Sage makes £20m UK acquisition

Enjoyed this article? Help spread the word:

Comments

Reader comments for this story

White papers

Related jobs

Spotlight

Ride the fast-track to success with YP

April edition of Young Professional features a guide to standing...

Bob Baddeley, Holidaybreak FD

Profile: Bob Baddeley, FD of Holidaybreak

These may be tough times for the travel industry -...

The credit crunch and fair value - a special report

This special report on fair value contains the latest news,...

Find your next job

Find your next job
Salary Checker

Search white papers

Search white papers

Have your say

Are online bankruptcies a good thing?
Yes, this is the 21st century after all
No, it makes it too easy to abuse

Job of the week

More finance jobs...

Your next job