StockMarketWire.com - The FTSE 100 rose to 6,933 as oil prices rallied, while the FTSE 250 nudged lower to 17,896 despite increased footfall on the high street in July.

West Texas Intermediate (WTI) crude oil advanced 0.4% to $44.68 and Brent crude oil was up 0.3% to $47 per barrel, respectively.

Gold was stable at $1,336.5 per ounce and copper stood at $4,717.97 per tonne.

MAIN NEWS OF THE DAY

Shares in accountancy software firm Sage (SGE) slumped on reports a data breach may have compromised personal information for employees at 280 UK businesses.

Bookie William Hill (WMH) traded 2.6% lower after rejecting the latest offer from 888 Holdings (888) and Rank (RNK) regarding a potential combination of the three, which was is estimated to be pitched at 352p. The firm said the offer wasn't high enough.

UK house prices declined more than expected by 1.2% in August to an average of £304,222, according to Rightmove's house-price index.

Footfall in July was 0.4% lower compared to a year ago, which was better than the 2.8% fall in June, according to the British Retail Consortium.

MID CAP RISERS AND FALLERS

Investors focused on a lack of guidance on the impact of Brexit and a softening in sales rates at housebuilder Bovis Homes (BVS) instead of double digit increases in revenue and pre-tax profit, pushing shares 3.4% lower to 807.5p.

It was smooth sailing for shipping firm Clarkson (CKN), which shot up 8.3% to £22.03 following interim results in line with lowered guidance issued in July's profit warning.

Animal genetics specialist Genus (GNS) was fined $2 million for infringing Inguran's patents on its gender selection technology that gives dairy farmers milk-producing cows. It also owes royalties when it starts selling its own bovine semen processing technology after agreeing to use Inguran's technology in 2012, but requested an injunction to terminate the agreement.

SMALL CAP RISERS AND FALLERS

Shares in Edenville Energy (EDL) jumped 42.8% to 0.03p after the Ministry of Energy and Minerals banned the importation of coal into Tanzania to stimulate the production of coal from within Tanzania.

Thor Mining (THR) announced a new drill campaign to confirm the close proximity of additional tungsten mineralisation within a six kilometre radius of the company's Molyhil tungsten deposit in the northern territory, causing shares to climb 18.2%.

The market responded warmly to North Sea oil firm Ithaca Energy (IAE) interims, which reveal better than expected first half production ahead of the start-up of the Stella field in November.

Cloud computing firm Nasstar (NASA) announced a £13.3 million placing at 7.5p to fund the acquisition of rival Modrus.


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