- FTSE indices opened mildly firmer in a quiet news session. Blue-chip resources and retail-related stocks generally figured on both sides of the ledger, but utility outfits eased on concerns of a future US rate hike. Wall St was mixed overnight. Asian markets fell.

Shortly after the open, FTSE 100 was up 12.28 points, or 0.17%, to 7087.54, while FTSE 250 added 2.41 points, or 0.01% to 17,861.2. At 8.37am, WTI and Brent crude prices were up more than 1%. The familiar drags of Greece debt, Yemen fighting and Iran nuclear talks continued to bubble away in the background.

Tullow Oil (TLW) led blue chips up with a hearty 3.21% rise to 380.45p, while Petrofac (PFC) gained 1.53% to 1065p. Others in the sector also posted gains. Miners were also notable on the high rollers' ladder. Kaz Minerals (KAZ) gained 2.72% to 236.05p, while Anglo American (AAL) added 1.49% to 1055p. Fresnillo (FRES) added 1.66% to 734.5p on improved silver production.

Retail-related stocks lower included Tesco (TSCO), off 0.63% to 242.65p, and Reckitt Benckiser (RB.), off 0.25% to 6075.5p. Others -- such as Morrions (MRW), up 0.95% to 200.9p, and M&S (MKS), up 0.88% to 573p -- made headway. Burberry (BRBY) rose 1.85% to 1817p on a robust H2 performance.

Among utilities lower was Severn Trent (SVT), off 1.34% to 2143p, followed by SSE (SSE), down 1.05% to 1547.5p. Financials generally booked tepid gains, with insurers prominent. Old Mutual (OML), up 0.08% to 235.6p, has appointed Bruce Hemphill as Group CEO, taking over from Julian Roberts as part of an orderly succession plan. He takes the top job from Q4 2015.


Omega Diagnostics (ODX), up 10.68% to 14.25p, said results for the year to 31 March 2015 will be in line with market expectations. Meantime, Distil (DIS) said one of the largest supermarket retailers in the UK has listed RedLeg Spiced Rum for its stores throughout the UK. Its shares rose 21.18% to 1.03p.

Motif Bio (MTFB), up 7.63% to 31.75p, and Amphion (AMP), up 6.38% to 6.25p, said the US Food and Drug Administration (FDA) has agreed to the proposed Phase 3 clinical development programme for the Company's lead product candidate, iclaprim.

DJI Holdings (DJI), down 13.79% to 50p, expects its FY results to fall below market expectations. Adjusted operating EBITDA for Q4 is expected to be materially lower than anticipated.


ZincOx (ZOX), up 2.52% to 10.38p, has widened its FY pretax loss to $33.2m, from $26.3m. Revenue was $38.2m, from $27.5m.

JD Sports Fashion (JD.), up 4.51% to 532.5p, unveiled record FY results with pretax profits of £90.5m, up 18% up on the year. Revneues rose 25% to £1.5bn and operating profits before exceptional items increased 23% to £102.2m. Total dividends was 7.05p, up 4.1%.

Walker Greenbank (WGB), up 3.44% to 195.5p, has improved its FY pretax profit to £6.3m, from £5.5m. Revenue was £83.4m, from £78.4m. Its final dividend rose 24.8% to 1.96p a share, taking the total up 24.9% to 2.31p.

Speedy Hire (SDY), up 3.16% to 73.5p, expects to announce revenue in line with market expectations, and adjusted profit before tax slightly ahead of market expectations, reaffirming the strength of its strategic and major customer relationships.

Dixons Carphone (DC.), up 1.08% to 441.2p, has agreed to sell The Phone House Deutschland GmbH to Drillisch, a leading mobile virtual network operator in Germany. Tracsis' (TRCS), up 2.08% to 417.5p, H1 pretax profit flew up 13% to £2.5m, from £2.3m. Revenue rose 22% t £12.0m, from £9.8m. Interim dividend was 0.4p a share, up 14% on the year.

Matomy Media Group (MTMY), down 0.5% to 199p, said has acquired a strategic investment in performance email marketing and ad targeting company Maven Marketing Group Inc., which operates under the name Avenlo. Matomy has nabbed a 70% stake, with an option to acquire the remainder over three years.

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