Stocks News Europe: UK small caps close XXXX
11/12/2013 16:54
The FTSE Small Caps Index .FTSC closes flat and the junior-listed FTSE AIM All Share Index .FTAI ends 0.3 percent higher, with the blue-chip FTSE 100 index .FTSE down 0.2 percent and mid-cap index .FTMC falling 0.1 percent. Snoozebox ZZZ.L rises 11.8 percent after stating in a trading update that the company's performance has improved and that it expects to see higher revenues in 2013. ID:nRS517zHj "A clear strategy has now been developed to build the business and capitalise on demand," Panmure Gordon analysts write in a research note. Beowulf Mining BEM.L advances 4.8 percent after the company shows signs of progress with its projects by reporting that drilling will start this month at the Ballek copper and gold site in Sweden. ID:nRS6G4z16 Asia-focused investment trusts fall as they bear the brunt of drops overnight on the Chinese and Japanese stock markets. ID:nH9N0J300Z ID:nL3N0JQ0FK Scottish Oriental Smaller Companies Trust SOST.L declines by 2.8 percent, JP Morgan Chinese IT Closed Fund JMC.L falls 2.8 percent and Invesco Asia Trust IAT.L closes down 0.5 percent. Reuters messaging rm://sudip.kargupta.thomsonreuters.com@reuters.net Keywords: MARKETS EUROPE STOCKSNEWS