STOCKS NEWS EUROPE-UK small caps close 0.5 pct higher

The FTSE Small Cap index .FTSC closes 0.5 percent higher, underperforming both the blue chips .FTSE and the midcaps .FTMC, which end the session up 1.8 percent and 1.3 percent, respectively.

Advanced Computer Software (ASWA.L), which provides software and IT services to the UK primary care sector, gains 2.8 percent after the company posts first-half results, with Seymour Pierce repeating its "buy" rating on the stock. [ID:nL9404508]

Inspired Gaming (INGG.L) tumbles more than 37 percent as investors desert the stock after the company proposes a share capital reorganisation, which Hoodless Brennan says offers little attraction for ordinary shareholders, and therefore keeps its "sell" rating. [ID:nL9415315]

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