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STOCKS NEWS EUROPE-UK small caps dip but Talvivaara surges higher

Tue, 17th Dec 2013 16:54

The FTSE small cap index dips 0.1 percent while thejunior-listed FTSE AIM All Share Index falls 0.6percent. The blue-chip FTSE 100 index falls 0.6 percentwhile the mid-cap FTSE 250 index declines 0.2 percent.

Finnish nickel miner Talvivaara jumps 19.7 percentafter winning court approval to restructure its debt, allowingthe company to continue production.

However, in spite of Tuesday's rebound, Talvivaara'sLondon-listed shares remain down by around 70 percent since thestart of 2013.

Oil and gas explorer Range Resources edges up by0.8 percent after completing a farm-in agreement with NikoResources regarding a block in Trinidad.

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

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