The FTSE small cap index rises 0.1 percent, outperforming the juniorFTSE AIM All Share index, which is down 0.1 percent.
Shares in Picton Property Income rise 3 percent as the fund reportsits net assets increased 13.5 percent to 204.3 million pounds ($336.35million)in the last three months of the 2013.
"Today's announcement highlights the accelerating pace of the secondarymarket recovery and the significant benefit of a higher than sector averagegearing level at this point in the cycle," Liberum's analysts write in a note,reiterating their "buy" recommendation on the stock.
Volume on the shares is nearly twice its full-day average for the past threemonths, compared with just over half the average for the FTSE small cap index.
AIM-listed Bezant Resources falls 5.3 percent in volume 20 times theaverage as Gold Fields Netherlands Services decides not to exercise an option tobuy Bezant's Mankayan copper-gold project in the Philippines.
Gold Fields had until the end of the month to choose whether or not to buythe project, for which the price had been set at $60.5 million.
Reuters messaging rm://francesco.canepa.thomsonreuters.com@reuters.net
($1 = 0.6074 British pounds)
Bezant Res (BZT)
Picton Prop (PCTN)
