UK tech companies facing further setbacks

Technology companies in the UK face further problems today, after another wave of stocks are relegated in the FTSE’s quarterly reshuffle.

UK tech companies facing further setbacks
Wed, 12 Jun, 2002 - 10:43

Technology companies in the UK face further problems today, after another wave of stocks are relegated in the FTSE’s quarterly reshuffle.

Computer services group Logica and chip designer ARM Holdings are set to be demoted from the prestigious FTSE 100 Index in today’s reshuffle, after seeing their shares slump in the continuing sell-off among tech shares.

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