STOCKS NEWS EUROPE-UK small caps close 0.3 percent lower

Tue Jun 16, 2009 5:00pm BST
 
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The FTSE Small Cap index .FTSC closes 0.3 percent lower, while the midcaps .FTMC end down 0.1 percent, but the blue chips .FTSE close up 0.1 percent.

CML Microsystems (CML.L) ends down 25.6 percent after the maker of semiconductor products posts wider full-year losses, with Panmure Gordon noting that while the results are in-line with its forecasts, CML's trading environment remains tough. [ID:nLG828067]

Eg solutions (EGS.L) closes 8.3 percent firmer as the operations management software company issues a trading update highlighting strength in the firm's pipeline of potential sales. [ID:nLG833602]

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