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STOCKS NEWS EUROPE-UK small caps fall 0.9 pct midday

Mon Sep 21, 2009 7:14am EDT

Stocks

   

The FTSE Small Cap index .FTSC falls 0.9 percent in midday trade, while the blue chips .FTSE shed 0.7 percent and the midcaps .FTMC drop 0.5 percent.

Gas Turbine Efficiency (GAST.L), whose core product cleans aviation and industrial turbines to make them more efficient, falls over 15 percent after it posts a 25 percent rise in first-half sales but says revenue growth will slow as cash-strapped aviation customers delay investment. [ID:nLL640115]

Intelligent Environments (IEN.L) rises more than 2 percent after the online software provider for financial services reports a 17 percent rise in first-half profit, with difficulties in the banking sector offset by a strong market for online retail savings systems. [ID:nLL671826]

Reuters Messaging rm://tricia.wright1.reuters.com@reuters.net


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