The bull run of the last few months had to come to an end eventually, and last week saw all our indices fall by a couple of percentage points and the FTSE 100 drop back below 5,000 for the first time in four weeks. One trigger for this will have been worse than expected US unemployment figures.
Every one of our list saw a decline in the value of their stock, bar Apple, which received plenty of positive publicity as it opened up the iPhone to more UK operators and revealed the snowballing success of its app store.
On the flip side AMD, which had its value rise by over 70 percent in the preceding month or so, suffered a nearly nine percent fall last week. There was no especially bad news to explain it, so this is probably a correction as investors worried they'd got a bit carried away.
3G phone chip giant Qualcomm was the other big loser last week as the Japanese Fair Trade Commission ordered it to remove some of the cross-license provisions it has included in agreements with Japanese licensees. Qualcomm has said it will appeal, of course, but its shares have been hit regardless.
Company | Listing | Share price 14/9/09 | Share price 21/9/09 | Share price 28/9/09 | Share price 5/10/09 | 7-day change | Market cap (bn) |
---|---|---|---|---|---|---|---|
AMD | AMD | 5.68 | 5.70 | 5.83 | 5.31 | -8.9% | 3.55 |
Apple | AAPL | 172.16 | 185.02 | 182.37 | 184.88 | 1.4% | 165.62 |
ARM | ARMH | 6.87 | 6.70 | 6.72 | 6.52 | -3.0% | 2.76 |
Avnet | AVT | 26.52 | 26.22 | 25.90 | 24.53 | -5.3% | 3.71 |
Dell | DELL | 16.60 | 16.69 | 15.34 | 15.04 | -2.0% | 29.41 |
GOOG | 472.14 | 491.46 | 492.48 | 484.58 | -1.6% | 153.40 | |
HP | HPQ | 46.10 | 46.15 | 47.02 | 45.28 | -3.7% | 107.36 |
IBM | IBM | 118.05 | 122.11 | 121.08 | 119.02 | -1.7% | 156.02 |
Ingram Micro | IM | 17.44 | 17.17 | 16.78 | 16.35 | -2.6% | 2.67 |
Intel | INTC | 19.51 | 19.55 | 19.37 | 18.97 | -2.1% | 106.19 |
Microsoft | MSFT | 24.86 | 25.26 | 25.55 | 24.96 | -2.3% | 222.85 |
Nvidia | NVDA | 16.30 | 15.22 | 14.50 | 13.85 | -4.5% | 7.59 |
Qualcomm | QCOM | 46.61 | 44.46 | 44.70 | 41.44 | -7.3% | 68.89 |
Tech Data | TECD | 41.17 | 42.34 | 41.23 | 40.45 | -1.9% | 2.03 |
Dow | .DJI | 9605.41 | 9820.20 | 9665.19 | 9487.67 | -1.8% | N/A |
FTSE 100 | .FTSE | 5011.47 | 5170.33 | 5091.75 | 4988.70 | -2.0% | N/A |
NASDAQ | .IXIC | 2080.90 | 2132.86 | 2090.92 | 2048.11 | -2.0% | N/A |