TechMARK movers: BT downgrade

Technology shares are some of the worst performers in the market today and TechMark has fallen more than some of the broader indices. Morgan Stanley has downgraded BT from overweight to equalweight. A new five-year IT services contract with Debenhams was not enough to stop the share price retreating. Data centre operator Telecity and telecoms test equipment supplier Spirent have been hit by profit-taking but both companies are still around 10% higher over the past month. Goldman Sachs has raised its recommendation for Cable & Wireless Worldwide from neutral to buy. This follows the telecoms company's new £82m contract with the government.FTSE TechMARK - RisersCable & Wireless Worldwide (CW.) 77.10p +3.91%Sinclair Pharma (SPH) 28.00p +1.79%NCC Group (NCC) 430.00p +1.42%Sepura (SEPU) 44.00p +1.15%BATM Advanced (BVC) 23.00p +1.10%Phoenix IT Group (PNX) 196.50p +0.90%Consort Medical (CSRT) 443.00p +0.57%FTSE TechMARK - FallersAntisoma (ASM) 6.05p -6.92%Ark Therapeutics (AKT) 5.50p -4.68%Wolfson Microelectronics (WLF) 218.75p -4.16%Telecity Group (TCY) 504.50p -3.81%ProStrakan (PSK) 45.00p -3.74%Intec Telecom Systems (ITL) 59.00p -3.67%Spirent Communications (SPT) 140.00p -3.45%BT Group (BT.A) 139.60p -3.32%Emblaze (BLZ) 49.00p -2.97%BAE Systems (BA.) 331.00p -2.88%