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UK small caps are down 0.1 percent in morning trade, outperforming adrop of 0.9 percent on the mid-caps and 0.7 percent on the blue chips.
Shares in E2V Technologies rise 4 percent in heavy volumes after thefirm reports a record year-end order book, which it says should fuel modestrevenue growth for the coming year.
"End markets remain challenging, but the record order book and strongfinancial position provide a more encouraging outlook for the year ahead,"analysts at Investec say in a note, re-iterating a 'buy' rating and increasingthe price target to 200 pence from 160 pence.
Carrs Milling Industries gains 4.8 percent after the agriculture,food and engineering group posts a 36 percent rise in profits for the six monthsto end-March and hikes dividends.
Reuters messaging rm://antonina.vorobyova.thomsonreuters.com@reuters.net