October 25, 2013 / 8:26 AM / in 4 years

STOCKS NEWS EUROPE-UK small caps outperform weaker blue-chips

Britain’s small cap equity indexes rise to outperform a fall on the blue-chip index.

The FTSE Small Cap Index and the junior-listed FTSE AIM All Share Index index both rise 0.1 percent, beating a 0.1 percent fall on the blue-chip FTSE 100 index.

The FTSE 250 mid-cap index, which hit a fresh record high this week, falls 0.3 percent.

Precious metals exploration company Wishbone Gold rises 5.9 percent after the company says it has made new discoveries in Australia.

“Work to date has focused on the Wishbone II licence that covers less than a quarter of the company’s prospective licence holding and significant regional upside potential remains,” writes brokerage Northland Capital Partners in a note.

Top Level Domain Holdings, a company which handles Internet domain addresses, rises 9 percent after selling addresses for Internet domains ending in “.website” and “.lawyer”.

Caza Oil & Gas falls 5.3 percent after issuing and allocating 5.3 million of its shares to investment fund Yorkville Advisors.

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

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