Sector movers: Software stocks in demand

20th Aug 2009 14:32

Technology firm Autonomy is lifting the software and computer services sector higher after it said Autonomy Scrittura, its flagship product for automating critical trade-related processes, is now powered by Autonomy's Intelligent Data Operating Layer (IDOL). The company claimed the integration would prove a boon to capital markets institutions, 'allowing them to meet the increasingly rigorous compliance requirements in the derivatives industry.' SmartfOCUS is also advancing. Investors have given the marketing programme provider's plans to launch a localised version of its software in the Japanese market. Media stocks are also going well.Advertising group WPP climbs after seeing its 'buy' rating reiterated at Nomura ahead of its interim results next week.Dori Media, which operates TV channels in Latin America, is higher even after reporting a fall in profits and revenues. Top performing sectors so far todaySoftware & Computer Services 517.93 +3.34%Automobiles & Parts 2,726.18 +3.09%Personal Goods 8,359.24 +2.81%Media 2,913.03 +1.98%Mining 15,736.61 +1.97%Bottom performing sectors so far todayTobacco 22,337.42 -0.49%Forestry & Paper 2,956.74 -0.04%