STOCKS NEWS EUROPE-UK small caps up 0.9 pct at the close

Tue Jul 14, 2009 5:18pm BST
 
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The FTSE small cap index .FTSC closes up 0.9 percent taking its cue from the wider UK market where the FTSE 100 .FTSE finishes 0.9 percent higher and the FTSE 250 .FTMC gains 1.8 percent.

Findel (FDL.L), the British home shopping and education supplies firm, jumps more than 28 percent, with traders saying fears have subsided over its ability to raise equity finance. [ID:nLE419846]

Bglobal (BGBL.L) falls nearly 9 percent after the provider of smart meters for the UK energy market reports wider pretax losses for full-year 2009, while revenues came in below expectations. [ID:nLE395932]

Reuters Messaging rm://david.brett.reuters.com@reuters.net

 

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