Tech stocks play X'mas Grinch

IT stocks are dragging on the Uncapped 100 today with UXC and Data#3 issuing profit warnings ahead of the festive season.

The Uncapped 100 is lagging the broader market today, no thanks to information technology stocks UXC (UXC) and Data#3 (DTL).

The technology consultancies are the worst performers this morning on downbeat earnings news with UXC suffering its biggest sell off in 3½ years of 11.7% to 94.5 cents, while Data#3 slumped 8.3% to a three-year low of 94 cents.

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