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STOCKS NEWS EUROPE-UK small caps slip 0.1 pct early

Mon Oct 26, 2009 5:21am EDT

Stocks

   

The FTSE Small Cap index .FTSC falls 0.1 percent in early deals, underperforming a modestly firmer blue chip index .FTSE, up 0.1 percent, but outperforming the mid caps .FTMC, down 0.3 percent.

Avanti Communications Group (AVN.L) is a strong small cap riser, up 7 percent after the firm wins a 7.5 million pounds contract and strategic partnership deal with Hughes Network Systems (HUGH.O). For more, double click on [ID:nRnsZ3410B]

UK Coal (UKC.L) is a faller, losing 3.4 percent after Britain's biggest coal producer reports a 20 percent drop in its third-quarter revenues and says it expects its deep mine output for the full-year to be at the lower end of its previously estimated range. For more, double click on [ID:nBNG494605]

Reuters Messaging rm://jon.hopkins.reuters.com@reuters.net


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