StockMarketWire.com - Investors appear to be holding their powder dry ahead of a huge week ahead for UK assets as MPs prepare to vote on the draft Brexit deal.

The vote is widely expected to result in a big defeat for Theresa May and her Government tomorrow.

By midday the FTSE 100 was flat at 6,782.46, doing a bit better than Asian markets which were struck by weaker than expected Japanese economic growth overnight. According to the futures markets the US is expected to open a bit lower later.

In corporate news, Interserve fell 51% to 11.95p, paring earlier heavier losses, as it announced a debt reduction plan which could result in 'material' dilution for shareholders.

LARGE AND MID CAP RISERS AND FALLERS

Gulf country focused healthcare group NMC Health said it expected to grow its annual operating earnings by 38%, underpinned by both acquisitions and organic revenue growth. Its shares added 1.2% to £32.02.

Retirement income company Just Group surged 21.8% to 100p after it assessed that new UK rules on equity release mortgages were 'considerably less onerous' for the company than set out in a previous consultation paper.

Photo booth and laundry services company Photo-Me International dropped 12% to 95.3p as lax UK sales and the impact of restructuring costs in Japan dragged its profits around a fifth lower.

Renewable infrastructure company Greencoat Renewables gained 1.4% as it agreed to acquire the Monaincha and Garranereagh wind farms in Ireland from BlackRock for €88m.

SMALL CAP RISERS AND FALLERS

Pharmaceutical group ValiRx jumped 18.2% to 1.42p on news that an independent analysis of data showed a positive response in a treatment trial for patients with prostate cancer.

People-screening technology provider Thruvision gained 5% to 28.3p after rising revenue helped it narrow first-half losses.

Payment data protection group PCI-PAL said it had signed a re-seller agreement with a 'major UK payment service provider'. Its shares gained 0.4% to 24.6p.


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