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STOCKS NEWS EUROPE-UK small caps off 0.2 pct at mid-session

Wed, 17th Apr 2013 10:32

UK small caps fall 0.2 percent, faring slightly better than theirmid-cap and blue-chip counterparts, both off 0.5 percent.

Shares in JD Sport Fashion fall 4.3 percent as the British retailer post a 20 percent fall in full-year profit, hit by operating losses from itsBlacks Leisure acquisition.

Shares in Falkland Islands Holdings rise 0.8 percent as the investorin Falkland Oil & Gas says it expects to report an underlying grouppre-tax profits of approximately 3 million pounds.

"The Group's three businesses continue to produce results as predicted orbetter, while...the foundations are being laid for FKL to benefit from thesignificant opportunities which are starting to become visible in the FalklandIslands," analysts at WH Ireland says in a note, repeating their "buy" stance onthe stock.

Reuters messaging rm://francesco.canepa.thomsonreuters.com@reuters.net

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