The London Stock Exchange’s technology index, the FTSE techMARK 100, has strongly outperformed the FTSE100 over the last 12 months, rising by 7% whilst the FTSE 100 has fallen 12%.
The research highlights the outperformance of technology companies during the coronavirus pandemic. The repeated lockdowns and resulting shift in consumer habits and behaviour have benefitted many tech businesses, resulting in some share prices surging.
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