Less Ads, More Data, More Tools Register for FREE

STOCKS NEWS EUROPE-UK small caps rise less than blue-chips

Tue, 15th Oct 2013 08:45

Britain's small cap equity indexes rise but underperform bigger gains on theblue-chip index.

The FTSE Small Caps Index is up by 0.3 percent while the FTSE AIMAll Share Index advances by 0.4 percent - underperforming gains of 0.5percent on the FTSE 250 mid-cap index and 0.6 percent on the blue-chipFTSE 100.

DotDigital Group, a company that provides software services fordigital marketing professionals, rises 8.9 percent after reporting higherprofits and announcing a maiden final dividend.

Data and software company WANdisco rises 1.9 percent afterreporting a rise in bookings.

"WANdisco continues to deliver ahead of expectations and primes the marketfor a sparkling Q4," brokerage Panmure Gordon writes in a research note, keepinga "buy" rating on the stock.

However, translation software company SDL slumps 14.3 percent afterlowering its full-year profit outlook.

"There were four wheels on the wagon - but one of them keeps falling off.With today's warning, it looks like several have come off at the same time,"Panmure Gordon writes in a research note, keeping a "hold" rating while cuttingits price target on the stock to 276 pence from 386 pence.

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

Related Shares

More News
2 Nov 2020 17:16

IN BRIEF: RWS And SDL Merger Scheme Gets Court Approval

IN BRIEF: RWS And SDL Merger Scheme Gets Court Approval

2 Nov 2020 11:48

Almost All Conditions For SDL And RWS Combination Now Met Or Waived

Almost All Conditions For SDL And RWS Combination Now Met Or Waived

20 Oct 2020 11:25

RWS Holdings Expects Annual Revenue To Meet Market Expectations

RWS Holdings Expects Annual Revenue To Meet Market Expectations

12 Oct 2020 10:45

UK WINNERS & LOSERS SUMMARY: Eddie Stobart Up 30% On Swing To Profit

UK WINNERS & LOSERS SUMMARY: Eddie Stobart Up 30% On Swing To Profit

12 Oct 2020 10:03

RWS And SDL Shareholders Approve Merger Plan As SDL Gets Navy Contract

RWS And SDL Shareholders Approve Merger Plan As SDL Gets Navy Contract

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.