StockMarketWire.com - FTSE indices closed mixed as the UK parliament debates sanctioning military action in Iraq to help counter the threat posed by terror-group-of-the-moment IS. The blue-chip index was helped a jot higher by a mixed bag of sectors.

At the close, the FTSE 100 was up 9.68 points, or 0.15%, to 6649.39, but the FTSE 250 was down 42.22 points, or 0.27%, to 15,383.7. Wall St opened up, the Dow, Nasdaq and S&P500 rising. UK's parliament is due to vote on whether to sanction Iraq-focused air strikes.

British Land (BLND) led the blue chips up, rising 2.1% to 706p, followed by Hammerson (HMSO) and Land Securities (LAND). Fresnillo (FRES) was one of few miners on the up, gaining 1.8% to 761.5p. It was a similar story for Wood Group (WG.) among the energy plays, up 1.09% to 739p.

Financial stocks figured throughout the risers' board. Admiral Group (ADM) captained the insurers, while Shire (SHP), up 1.72% to 5330p, piloted the pharma sector. Other pharma stocks on the up included Smith & Nephew (SN.) and Astrazeneca (AZN).

The downside was dominated by mining and energy stocks, with supermarkets prominent again. Sainsbury (SBRY) fell 3.06% to 250.1p, while gaffe-hit Tesco (TSCO) lost 0.49% to 191.55p. Utility stocks also studded the losers' board.

BIGGER MOVERS

Bank notes producer De La Rue (DLAR) said weak bank note printing pricing meant its FY pretax profit was likely to be £20m lower than the last year’s underlying £77.3m, forcing a 40% dividend slash. The shares plunged 33.6% to 504p.

A heavily discounted share placing saw oil shale technology play TomCo Energy (TOM) collapse 20% to 0.66p. It is raising £1m at 0.5p to fund the permitting process on its Holliday block in Utah and to bolster its working capital, a 39% discount to last night’s 0.82p close.

Junior miner Kalimantan Gold (KLG) skyrocketed 455.17% to 4.03p on a maiden resource statement for its Beruang Kanan copper project in Indonesia. VSA Capital reckoned there was 'tremendous upside' on the deposit and has a 4.8p price target.

An unseasonably mild winter and a 'disappointingly cool' August were blamed for weak demand at rental company Andrew Sykes (ASY) heating and air conditioning units. H1 results saw revenue down 10% and EPS down 38% to 7.6p. The stock plummeted 17.22% to 312.5p.

ECONOMIC NEWS

Stateside, the US price index for gross domestic purchases increased 2.0% in Q2, 0.1 percentage point more than in the second estimate. This index increased 1.4% in the first quarter. Excluding food and energy prices, the price index for gross domestic purchases increased 1.7%, compared with an increase of 1.3%.

Real gross domestic product in the US increased at an annual rate of 4.6% in Q2, according to the "third" estimate released by the Bureau of Economic Analysis. In Q1, real GDP decreased 2.1%. LONDON HIGHLIGHTS

Surface Transforms (SCE) was up 50% to 15.75p after yesterday's heady gains. On Thursday, SCE said it had signed a pre-production contract with an international aerospace system supplier for the supply of its carbon ceramic brake discs onto a US military aircraft.

Lower volumes and rising competition in the Benelux recycling market, notably in Netherlands, hurts Shanks' (SKS) operations in the region. It cut its pretax profit expectations by 15% in response, sparking a 12.41% share price collapse to 90p.

Premier Gold Resources (PGR) widened its H1 pretax loss to £0.4m, from a loss of £0.8m. The prior period was hurt by a £0.4m fair-value loss on derivative financial assets. PGR's work at Cholokkaindy continued to be held back by local resistance. Its shares fell 11.11% to 0.08p.

Fruit importer Fyffes (FFY) added 1.2% to 84p on news of a revised merger agreement with Chiquita Brands (CQB:NYSE). The new deal will hand the US-listed company a 59.6% stake in the planned all-share merger, to be called ChiquitaFyffes. Story provided by StockMarketWire.com