StockMarketWire.com - UK stocks opened higher on Friday following a delayed start to trading for the country's biggest companies, blamed on a technical glitch.

At 0943, the benchmark FTSE 100 was up 56.89 points, or 0.8%, at 7.123.90.

Sentiment was boosted by a rise in Asian markets, buoyed by indications that China would make further moves to stimulate its economy.

Exchange operator London Stock Exchange rose 0.2% to 6,738p after it eventually got trading back on track, having pinned the earlier delay on a 'potential trading services issue'.

The delay had affected the FTSE 100 and FTSE 250, though shares in smaller companies on AIM and the FTSE 350 had traded normally all morning.

Ultra Electronics gained 2.0% to 2,184p, on announcing that its joint venture with Sparton DeLeon Springs had won a contract worth up to $1.04bn for the manufacture of sonobuoys for the US Navy.

Fashion retailer Ted Baker rose 0.2% to 905.59p as it forged a product licence agreement with rival Next to accelerate the expansion of its childrenswear collections, replacing an existing arrangement with department store chain Debenhams. Next rose 0.5% to 5,670p.

Cake decorations and food ingredients company Real Good Food slumped 10% to 6.5p after it booked a deeper annual loss, as revenue slipped and it wrote down the value of its assets.

Pendragon gained 2.6% to 11.02p on announcing that it had agreed to sell its Chevrolet motor-vehicle dealership in Puente Hills, California to businessman Scott Biehl for around £17.2m.

Network security company Corero tumbled 46% to 3.42p after it warned of a wider annual loss, amid disappointing sales.

Healthcare-focused communications group Cello Health was unchanged at 128p after it announced that it had acquired scientific consultancy Innovative Science Solutions for up to $10.5m.

Illustrated book publisher Quarto shed 1.5% to 66.5p, as it booked a first-half loss, after a small rise in sales was more than offset by expenses.

Panthera Resources rallied 5.8%, despite booking a full-year loss, as it also said it was close to securing $0.5m of funding.

Aluminium and power producer EN+ Group reversed 1.5% to 7.13p as its revenue fell sharply in the first half of the year, driven by a decline in aluminium prices amid the ongoing US-China trade war.

Ecuador-focused gold miner SolGold fell 1.4% to 26.92p as it booked a deeper annual loss, largely owing to higher payments to employees and contractors.

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