R-100 Index
Past Results & Analysis
Redux Global ICT 100 Index makes dull debut | Redux Global ICT 100 Index makes dull debut |
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| Monday, 02 August 2004 | |
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02
August, 2004: Today sees the launch of the 'Redux Global ICT 100 Index'
('R-100'), a unique measure of business health in the telecom,
wireless, IT and new media sectors. Sadly, upon its debut, it has
failed to 'rise' to the occasion. The Redux Global ICT 100 Index was launched today in London amid a modest fanfare for a selected audience. From its indicative base of 1000 (on 2 July, 2004), the R-100 disappointed by finishing on 30 July, 2004 at 936.68. The more numerate amongst you will have already worked out that this is a fall of nearly 6.4% over the last month – not quite the sign of an industry yet in 'Redux' mode. The Redux Global ICT 100 Index comprises 100 leading companies from the converging realms of telecom, wireless, IT and new media – worldwide. (For a list of the companies in the R-100, click here). Taken together, the 100 companies in the Redux Global ICT 100 have a market capitalisation of US$3,365bn. July's sagging performance is largely due to falling share prices across the board in Europe. Only Siemens, TeliaSonera and Swisscom outperformed the market to any significant extent while manufacturers and media companies were among the big losers. In North America, fixed and wireless operators showed gains while vendors of equipment and software were all marked down. Asia was steady but down overall. Seen globally, the performance of operators appeared to be hardening while vendors are in the doldrums. A detailed methodology for the Redux Global ICT 100 Index will be available here shortly. Further analysis of the Redux Global ICT 100 Index figures for July 2004 are also being prepared. |
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