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STOCKS NEWS EUROPE-UK small caps reverse gains in midday trade

Fri, 14th Jun 2013 11:23

UK small caps fall 0.2 percent in mid session deals, in tandem withthe FTSE100 but lagging a 0.4 percent rise on the FTSE Aim All Shareindex and 0.9 percent gain for the mid-caps.

Triad Group, the IT consultancy and solutions firm, sheds 7.7percent after it reports falling revenues and earnings, which reflect toughconditions in the marketplace, with budgets for technology spending remainingunder severe pressure in many of our key operating areas.

Diamond miner Paragon Diamonds rises 6 percent after reportingnarrowing losses year-on-year of 5 million pounds ($7.84 million)for 2012.

Reuters messaging rm://david.brett.thomsonreuters.com@reuters.net($1 = 0.6377 British pounds)

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