The FTSE small cap index and junior-listed AIM shares rise0.2 percent and 0.1 percent respectively, in line with a 0.1 percent gain forthe mid-caps and a 0.2 percent rise in the blue chips.
Shares in Czech hard coal miner New World Resources plummet 14.6percent to a record low after Czech brokerage Patria cut its price target of theloss-making firm. [ID;nP7N0EU02I]
Some analysts see major dilution through debt-equity swaps and new capitalissuance as necessary to give the firm chance to survive.
EMED Mining rise as much as 20.5 percent, helped by an update onthe progress of a Rio Tinto copper project. The company dismissed areport in a local Andalusia publication that there was a three month delay.
Reuters messaging rm://joshua.franklin.thomsonreuters.com@reuters.net