Britain's small cap equity indexes are flat in mid-sessiontrade, but nevertheless outpace a bigger fall on the blue-chip FTSE 100 index, which is down by 0.6 percent, while the FTSE 250 mid caps index also declines by 0.6 percent.
First Derivatives, a software and data company catering for banksand trading firms, rises 3 percent to 836 pence after posting higher half-yearrevenues and EBITDA (earnings before interest, tax, depreciation andamortisation), while also increasing its interim dividend.
The results prompt brokerage Panmure Gordon to raise its price target on thestock to 1,000 pence from 900 pence, while keeping a "buy" rating.
Bango Plc jumps 19.7 percent after higher after the company, whosetechnology deals with mobile payment systems, announces new ventures in Asia andmore Google Play launches.
Litebulb falls 7.3 percent after the company - whose range of brandsinclude children's scrooters firm Scootrix and safety products group ila Safety- announces a rights issue to raise 3 million pounds ($4.79 million).
($1 = 0.6269 British pounds)
Reuters messaging rm://sudip.kargupta.thomsonreuters.com@reuters.net
Bango (BGO)
