STOCKS NEWS EUROPE-UK small caps gain 0.2 percent midday

Wed Jul 29, 2009 12:14pm BST
 
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The FTSE Small Cap index .FTSC gains 0.2 percent in midday trade, while the midcaps .FTMC add 0.3 percent and the blue chips .FTSE put on 1 percent.

International Greetings (INGR.L) soars 28 percent after the designer and manufacturer of gift wrap, crackers and cards swings to a profit of 4 million pounds for the full year 2009, from a loss of 4.8 million pounds a year ago. [ID:nnRn1c4438W]

China Medical System (CMSH.L) jumps 24.7 percent after the Chinese pharmaceutical company reports a 34 percent rise in first-half pretax profit and says it is in talks with several companies for new product additions. [ID:nLT530089]

Reuters Messaging rm://tricia.wright1.reuters.com@reuters.net

 

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