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Redux Global ICT 100 Index: additional analysis published today |
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Tuesday, 12 July 2005 |
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New information relating to the
first year of our unique technology stock index, the R-100, is
published later today. As a taster, the ten best performers have been
announced.
With the R-100 celebrating its first birthday last week, the results of additional research and analysis by the TelecomRedux
team are being published today. It has been a year in which the Index
swung by nearly 10% either side of its opening value, yet finished with
a 52-week decline of less than 0.6%.
The top ten gainers for the year to 01 July, 2005 have already been
revealed. Aside from Google, a soaraway leader with share growth
nudging 300% after it was added to the R-100 following its IPO in
September of last year, the top ten 52-week growth stocks are as
follows:
1) OTE (Greece) 53%
2) Sprint FON (US) 44%
3) mmO2 (UK) 43%
4) TPSA (Poland) 40%
5) AT&T (US) 38%
6) TDC (Denmark) 31%
7) LG Electronic (S. Korea) 30%
8) Telekom Austria 29%
9) COLT (UK) 29%
=10) China Unicom 23%
=10) Elisa (Finland) 23%
=10) Singapore Telecom 23%
It would be impolitic to list the largest losers here – but EBay,
Nortel, Avaya and Marconi will be among those taking an interest when
the full list is released later today.
Drilling deeper
The new analysis covers the R-100’s performance compared to other major
stock indexes from around the world. This shows that while the R-100’s
52-week showing was near the bottom of the league table, individual
R-100 companies, notably in Europe, strongly outperformed national
indices. 35 R-100 companies ended the year with double-digit growth.
Regional swings in the R-100 are also examined, showing a pendular
relationship between Europe and North America, with Asia tending to tip
the balance in determining upward or downward movement.
Today will also see the launch of a custom tracking service and a new series of tracking sub-indexes.
The new research will be available later today on the TelcomRedux website.
Jim Chalmers
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