** Aveva bruised by Goldman Sachs downgrade to"sell", broker slashes its target price to 1,420p vs 1,950p.
** Stock down 3.4 pct & top faller on 0.2 pct firmer FTSE250 index.
** Goldman expects co's primary end market of oil & gas -about 50 pct of group sales - to experience prolonged multi-yearslowdown resulting in significant capex reductions.
** Aveva slide weighs on sector. Telecity, whichissued a trading update on Monday, slips 1.3 pct as investorslock in profits after strong run up which had left margin fordisappointment high.
** Citi highlights revenue growth at lower end of guidance,no improvement on margins over previous year, and lack ofreduction on original capex guidance.
** Analyst recommendations for Telecity still skewed to theupside as of last Friday; of 16 analysts that cover the stock,11 have "buy"/"strong buy" ratings, StarMine shows. (RM: tricia.wright1.thomsonreuters.com@reuters.net)


(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Friday.


June 11 (Reuters) - London's FTSE 100 index climbed on Thursday, supported by a recovery in financials stocks, though concerns lingered over the Ir...


(Alliance News) - The FTSE 100 closed higher on Thursday, despite ongoing tensions in the Middle East and an interest rate hike in Europe.


Dunedin Income Growth Outperforms Benchmark In First Half


(Alliance News) - Aberdeen Smaller Cos Income Trust PLC said Friday it outperformed its benchmark index in the first half of 2019, driven by supportiv...


* European shares rise slightly ahead of ECB * Funds rotate out of defensives, banks continue rally * Galliford rallies after Bovis deal...


* European shares lower as investors sit on hands ahead of ECB, after Chinese data * STOXX 600 down 0.2% as funds rotate out of defensives ...


* European shares lower as investors sit on hands ahead of ECB, after Chinese data * STOXX 600 down 0.2% as funds rotate out of defensives ...


* European shares lower as investors sit on hands ahead of ECB, after Chinese data * STOXX 600 down 0.3% as funds rotate out of defensives ...


* European shares lower as investors sit on hands ahead of ECB, after Chinese data * STOXX 600 down 0.5% * Sell-off in defensive stocks ...


* Sell off in defensive stocks put pressure on STOXX * Bank stocks continue to rally on ECB hopes, +9% in last 5 days * Software compani...