BusinessCompany NewsBusiness Week – Big rise for stocks.

Business Week - Big rise for stocks.

The Accuntancy Age/ADVFN index has risen above levels not seen since May this year, despite a sharp dip on Monday aused by fears after the plance crash in New York.

Accountancy-related stocks showed no losses by the end of the week, causing the index to gain almost ten points as it closed at 85.81, its highest score since May. However, the FTSE-100 took a slight hit, dropping to 96.96 points.

The index’s biggest riser was Michael Page, which gained 16%, benefiting from a correction on the recruitment specialist’s undervalued stock.

Sage was up 14% despite news on Monday that the accounting software vendor had competition from Microsoft with its Small Business Manager software.

– For real-time shares information, tools and education for private investors, go to www.advfn.com

– For more business news and company profiles, go to www.accountancyage.com.

Related Articles

BDO replaces Deloitte as Mitie auditor

Audit BDO replaces Deloitte as Mitie auditor

3m Emma Smith, Managing Editor
CVR Global appoints partner in London office

Company News CVR Global appoints partner in London office

7m Alia Shoaib, Reporter
FTSE100 failing to provide adequate ethics information

Company News FTSE100 failing to provide adequate ethics information

7m Alia Shoaib, Reporter
Moore Stephens recruits new private client partner

Accounting Firms Moore Stephens recruits new private client partner

10m Emma Smith, Managing Editor
Magma Group announces merger, partner promotions

Accounting Firms Magma Group announces merger, partner promotions

10m Emma Smith, Managing Editor
BDO on ‘recruitment spree’ with multiple partner appointments

Accounting Firms BDO on ‘recruitment spree’ with multiple partner appointments

10m Emma Smith, Managing Editor
Brand strength leads to fee income growth for RSM

Accounting Firms Brand strength leads to fee income growth for RSM

10m Emma Smith, Managing Editor
Mazars strengthens audit team with partner appointment

Accounting Firms Mazars strengthens audit team with partner appointment

10m Emma Smith, Managing Editor