TechnologyAccounting SoftwareSage dips as sentiment cools

Sage dips as sentiment cools

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

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

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