STOCKS NEWS EUROPE-UK small cap down 0.9 pct at the close

Fri Jul 3, 2009 4:52pm BST
 
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The FTSE small cap index .FTSC ends 0.9 percent lower, underperforming the wider UK market, with the FTSE 100 .FTSE up 0.1 percent while the FTSE 250 .FTMC is flat.

Braemore Resources BRR.L tumbles 28.5 percent as investors are disappointed by an all-share offer for the platinum and nickel producer by Jubilee Platinum (JLP.L), which sheds 3.3 percent.

Energy metering company Bglobal (BGBL.L) jumps 43.7 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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