(MENAFN- ProactiveInvestors) After bursting through the 6600 barrier earlier in the day albeit in light trading the FTSE 100 index managed to hold onto some gains.
At the end of the session the blue-chip benchmark stood 27 points higher at 6572 .
() added 6p to 330p as the firm announced it is selling off most of its struggling Chinese B&Q business to Wumei Holdings for £140mln.
Supermarket giant () is one of a dozen or so blue-chips in the red after the accountancy industry watchdog announced it would investigate the firm’s accounts.
The scope of the enquiry will not only cover this year’s results where has already admitted to an overstatement of half-year profits but also the accounts for 2012 and 2013.
Down among the small caps environmental engineering company Tinci () is to bring its sorry sojourn on AIM to an end.
Shares rose 225% as the company announced it would seek permission of shareholders to cancel its listing on AIM. The shares floated on AIM in 2006 at 70p currently trade at just under 15p after today’s meteoric rise.
Set-top box maker () looks set to avoid a cancellation after announcing a loan note conversion and an issue of 3mln shares at 2.5p each. The cash injection saw the company’s shares shoot up 50% to 3.38p.
’s () latest well on the Sebou permit in Morocco has found the thickest layer of gas sands of the drilling campaign so far. Shares jumped 24% to 12.8p.
() climbed 19% after it said it has started to produce silver and gold from its Mina Charay joint venture in Mexico.
Tech group Tungsten Corp () gained 17% after it struck a financing deal expected to run into several billion pounds for its early payment invoice financing business - a key part of its future growth plan.
() has drawn down a bit more from its convertible loan facility with Tridevi Capital Partners but the bulk of the facility remains unavailable to the company until such time as local issues at its Cholokkaindy asset in Kyrgyzstan.
The company reassured the market that discussions with the Kyrgyz Government are ongoing and that the directors are exploring other potential opportunities for the company.
The shares were up 14% on the news.
() shares advanced around 14% as the company moved closer to acquiring ().
Rival bidder Neon Energy has dropped out of the race for control of MEO removing the threat of Mosman becoming involved in a bidding war.
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