The improbable rally in US share prices continued for one more week - that's six in a row now. In the US the increase was only marginal, but the FTSE 100 managed a decent improvement after falling the week before.
The best performing stock on our list by some way was broadline technology distributor Tech Date, which trades as Computer 2000 in the UK. The 11 percent jump may have been influenced by news coming out of its first technology solutions conference of the year in the US.
Other gainers included Google, which announced above expectation Q1 results last week and HP, which reportedly took the number one spot in US PC sales away from Dell for the first time since 2001.
The rally in the share prices of semiconductor outfits AMD and NVIDIA came to a halt last week and they were joined by Intel, despite it making a profit of $647 million in Q1.
There's a bunch more quarterly results dues to come out in the next couple of weeks. It will be interesting to see if they reveal any positive signs and how the markets react to them.
| Company | Listing | Share price 30/3/09 | Share price 6/4/09 | Share price 13/4/09 | Share price 20/4/09 | 7-day change | Market cap (bn) |
|---|---|---|---|---|---|---|---|
| AMD | AMD | 3.37 | 3.43 | 3.75 | 3.56 | -5.1% | 2.37 |
| Apple | AAPL | 106.85 | 115.99 | 119.57 | 123.42 | 3.2% | 109.91 |
| Avnet | AVT | 18.34 | 19.40 | 18.82 | 19.57 | 4.0% | 2.96 |
| Dell | DELL | 9.95 | 10.32 | 10.76 | 11.06 | 2.8% | 21.58 |
| GOOG | 347.70 | 369.78 | 372.50 | 392.24 | 5.3% | 123.83 | |
| HP | HPQ | 33.33 | 34.15 | 34.43 | 36.30 | 5.4% | 87.00 |
| IBM | IBM | 94.15 | 102.22 | 101.70 | 101.27 | -0.4% | 135.87 |
| Ingram Micro | IM | 13.19 | 13.44 | 13.22 | 13.64 | 3.2% | 2.20 |
| Intel | INTC | 15.42 | 15.95 | 15.98 | 15.60 | -2.4% | 87.12 |
| Microsoft | MSFT | 18.13 | 18.75 | 19.67 | 19.20 | -2.4% | 170.70 |
| Nvidia | NVDA | 10.46 | 11.32 | 12.04 | 11.76 | -2.3% | 6.40 |
| Tech Data | TECD | 22.11 | 23.21 | 23.64 | 26.27 | 11.1% | 1.32 |
| Yahoo | YHOO | 13.18 | 13.34 | 13.47 | 14.39 | 6.8% | 20.06 |
| Dow | .DJI | 7776.18 | 8017.59 | 8083.38 | 8131.33 | 0.6% | N/A |
| FTSE 100 | .FTSE | 3898.85 | 4029.67 | 3983.71 | 4092.80 | 2.7% | N/A |
| NASDAQ | .IXIC | 1545.20 | 1621.87 | 1652.54 | 1673.07 | 1.2% | N/A |
