StockMarketWire.com - London equities are making slim gains in early deals, with blue chips led up by a mixed bag of miners, financials and supermarkets.

Ashtead (AHT) guided the mob with a 2.12% to 1593p, and was chased by Coca-Cola HBC (CCH), up 1.68% to 1691p.

Thereafter miners were in focus after gold-touchy Fresnillo (FRES), up 1.6% to 1108.5p, and Randgold (RRS), ahead 1.11% to 5697.5p. More followed further behind.

At 8.33am, Gold was up 0.22% to $1136.00/oz. WTI crude was up 0.75% to $53.69/bbl and Brent was up 0.76% to $55.77/bbl.

RBS (RBS) guided banks with a 0.55% surge to 227.55p, and was followed by HSBC (HSBA), up 0.47% to 658.05p. Other financials up included Schroders (SDR), up 0.3% to 3001.5p.

Among supermarkets queuing higher were Morrisons (MRW), rising 0.39% to 228.8p, and Tesco (TSCO), up 0.11% to 204.88p.

TO the downside, leisure stocks were notable fallers after Carnival (CCL), down 2.24% to 4052p, and Merlin (MERL), off 1.09% to 438.15p.

Commercial property, consumer goods, multiple pharmas and several utilities also softened.

Soon after the open, FTSE 100 was up 0.5 points, or 0.01%, to 7044.46, while FTSE 250 was ahead 26.42, or 0.15%, to 17,796.3.

BIGGER MOVERS

Aortech International (AOR) was down 19.15% to 19p as its H1 revenues fell to $240,000, down from $380,000 a year ago. It posted an operating loss of $310,000, up from $193,000.

Eden Research (EDEN) was down 16.07% to 11.75p as it said revenue for the year to Dec. 31 was expected to be about £0.4m, with an EBITDA loss of about £1.1m. It has signed an exclusive commercialisation agreement for its nematicide product with Taminco BVBA.

Pittards (PTD), down 14.77% to 75p, warns that its overall FY performance is likely to be lower than its expectations at the time of H1 results.

LONDON HIGHLIGHTS

Nu-Oil & Gas (NUOG), up 12.64% to 0.49p, has posted a narrower FY pretax loss of £816,000, from a year-earlier loss of £5.3m.

BATM Advanced Communications (BVC), up 12% to 19.88p, said subsidiary Adaltis has now received the investment from its Chinese joint-venture partner, Egens Biotechnology Company Ltd, announced on 30 June.

Water Intelligence (WATR), up 11.66% to 91p, said through Q3 it has exceeded its turnover targets twice and expanded its organisation to support such growth, whilst continuing to be in-line with market expectations on profits before tax.

Premaitha Health (NIPT), down 11.11% to 8p, is conditionally acquiring Yourgene Bioscience Co Ltd, a significant NIPT provider in Asia. It also booked an H1 pretax loss of £3.6m, from a year-ago loss of £4.4m. Revenue was £1.5m, from £0.6m.

Keras Resources (KRS), up 11.11% to 0.5p, posts operating losses of £1.6m for the year to end-September, up from £1.2m last time.

CloudBuy (CBUY), up 11.11% to 3.75p, expects revenues for the year to be in line with market expectations. It says the operating loss excluding share based payments is expected to be marginally better than market forecasts.

Eurasia (EUA), down 9.68% to 0.7p, has entered into a new funding facility with a syndicate led by Sanderson Capital Partners Ltd of up £1m. This includes the £500,000 drawn down under the previous loan arrangement with Sanderson, announced on Aug. 1.

CH Bailey (BLEY), up 7.27% to 147.5p, has swung back into the black in the six months to the end of September with turnover up 22% to £2.9m, and an overall profit for the period of £361k, from a loss of £717k.

Vast Resources (VAST), up 6.25% to 0.17p, has provided an update on zinc sales and production from its Manaila Polymetallic Mine in Romania. Seeing Machines (SEE), up 5.88% to 4.5p, has entered into a global distribution partnership with MiX Telematics, a global provider of fleet and mobile asset management solutions.

Other stocks in the news included Proxama (PROX), QinetiQ (QQ.), Good Energy (GOOD), Dairy Crest (DCG), Vernalis (VER), Cerillion (CER), Xtract (XTR), Riverstone Energy (REL), Ariana (AAU), Aurum (AUM), Telford Homes (TEF), Westminster (WSG) and Surgical Innovations (SUN).




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