Shares in ecommerce software specialist Broadvision rose over 30 per cent on the Neuer Markt this morning, following news that the company is about to break into Standard & Poor's 500 index, a US benchmark of equity performance.
By Graham Hayday, 17 October 2000 11:30
NEWS According to Reuters, Broadvision will replace PaineWebber in the S&P index, as the latter is to be acquired by Swiss bank UBS AG later this month. The development comes as a welcome relief for Broadvision, which has lost almost a third of its market capitalisation since March.
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