UK small caps finish 0.1 percent higher, in line with the AIM index and outperforming a flat mid-caps index.
Petrel Resources adds 7.1 percent after saying it has agreed tofarm out 85 percent of its Atlantic Porcupine Basin holding to Woodside, Australia's largest independent oil and gas company.
"The farm out is excellent news and marks the culmination of atransformational year for Petrel," analysts at Northland Capital say in a note,reiterating a 'buy' on the stock.
Meanwhile, sports rights firm Perform falls 6 percent, extendinglosses into a second session, as its warning of slowing profit growth translatesinto analyst downgrades.
"Following yesterday's profit warning from the company, we are downgradingour forecasts for the current year and beyond, reflecting higher content costsin the mix. Overall, we remain positive on the broader business despite the trimbut are mindful of the relatively full valuation; hence we temper ourrecommendation from 'buy' to 'hold'," writes Patrick Yau at Peel Hunt.
Reuters messaging rm://antonina.vorobyova.thomsonreuters.com@reuters.net