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STOCKS NEWS EUROPE-UK small caps fall, track blue-chips

Tue, 08th Apr 2014 08:41

The FTSE Small Cap Index falls 0.2 percent, while the junior-listedFTSE AIM All Share Index dips 0.1 percent, declining broadly in linewith a 0.2 percent retreat on the blue-chip FTSE 100 index.

The FTSE 250 mid-cap index falls by 0.7 percent.

Falkland Island Holdings rises 4.9 percent after the company, whichruns businesses on the Falkland Islands and owns a stake in Falkland Oil & GasLtd, says trading during the second half of its financial year hadimproved.

Brokerage WH Ireland keeps a "buy" rating on the stock, highlighting apotential lift from the company's new drilling campaign.

Drinks company Stock Spirits falls by 8 percent after Oaktree Capital Management sold its 36.8 percent share in the central Europeandrinks maker in a placing.

Reuters messaging rm://sudip.kargupta.thomsonreuters.com@reuters.net

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