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STOCKS NEWS EUROPE-UK small caps higher, in line with blue-chips

Mon, 11th Nov 2013 11:35

The FTSE Small Caps index is up 0.2 percent and the junior-listedAIM index rises 0.3 percent, broadly in line with gains on the bluechips.

Tangent Communications rallies 16.7 percent after posting a 12percent year-on-year increase in first-half revenues and announcing a 0.5million pounds ($799,700) share buyback programme.

The internet retailer of personalised products and a digital marketingagency also said the second half, to February 2014, has begun well.

Aureus Mining adds 4.2 percent after announcing maiden resources forits Ndablama and Weaju projects in Liberia.

"AUE now has gold resources of approximately 2.4Moz in the Bea Mountainarea. Clearly there is more work to do in order to ascertain whether there willbe other mines at these two sites, but today's early indications, particularlyat Ndablama, are encouraging and we continue to believe that AUE has aprospective land package in Liberia," analysts at Investec write.

($1 = 0.6252 British pounds)

Reuters messaging rm://antonina.vorobyova.thomsonreuters.com@reuters.net

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