STOCKS NEWS EUROPE-UK small caps fall 0.3 percent midday

Fri Jul 3, 2009 12:26pm BST
 
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The FTSE Small Cap index .FTSC falls 0.3 percent in midday trade, underperforming both the blue chips .FTSE and the midcaps .FTMC, which add 0.2 percent and 0.1 percent, respectively.

Braemore Resources BRR.L tumbles 33.7 percent as investors are disappointed by an all-share offer for the platinum and nickel producer by Jubilee Platinum (JLP.L), which sheds 5.5 percent.

Energy metering company Bglobal (BGBL.L) jump 18.3 percent as the firm secures meter asset funding from Barclays, prompting Charles Stanley Securities to upgrade its rating on the stock to "buy" from "hold". [ID:nL3461606]

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