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STOCKS NEWS EUROPE-UK small caps close down 1.7 percent

Thu, 23rd May 2013 15:41

The FTSE Small Cap index ends the session 1.7 percentlower, with the FTSE AIM All Share index down 1.1percent, and the midcaps off 2.1 percent.

Mobile computing solutions firm Belgravium Technologies drops 9 percent, among the top fallers on the AIM index,as it confirms 2013 is expected to be challenging after a slowstart to the year which has seen order intake and sales revenuecome in lower than expected.

AIM-listed ZincOx Resources, meanwhile, climbs 20percent after it says Executive Chairman Andrew Woollett hasraised his stake in the company to 3.65 percent.

Reuters messagingrm://tricia.wright1.thomsonreuters.com@reuters.net

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