The index dropped 0.24 points last Thursday, falling for the fifth consecutive week and has shed 4% since the spiral began. The FTSE-100 also faltered, closing at 95.10 points.
Xansa led the losers, falling 6% on renewed investor jitters after the computer services company issued a profits warning at the end of March.
Logica lost 4% as the City speculated on possibilities the mobile messaging specialist would not be involved in the development or production of Japan’s 3G J-phone MMS system.
The weakness of the computer services sector also impacted Misys and Sage, which both lost 3%. Sage’s drop came despite a mid-week jump after US rival Intuit increased its quarterly earnings. On a positive note, Reed Executive was up 7%.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements