StockMarketWire.com - The FTSE 100 manged to gain 0.14% to 7,142.46 on Thursday morning despite ongoing fears of a trade war and Brexit headwinds.

Spirax-Sarco Engineering (SPX) added 4.4% to 5,995p after announcing it grew its revenue by 32% to £998.7m in 2017, representing a 6% rise when acquisitions and foreign exchange movements are excluded.

Vernalis (VER) surged 9% to 4.65p on news it has decided to seek offers for the company and has appointed Evercore as its financial adviser for this process. It will also begin to wind down its US commercial business.

Zinc Media (ZIN), the TV and multimedia content producer, increased its adjusted EBITDA by over 300% to £0.24m in the six months to 31 December 2017. However, it said the UK TV market is challenging, resulting in the shares declining 10% to 0.68p.

Just Group (JUST) gained 2.6% to 138.5p after announcing adjusted operating pre-tax profits rose by 35% to £220.6m in the year ending December, supported by a continued focus on margin over volume, as well as the benefits of the merger synergies.

Ubisense (UBI), a provider of Enterprise Location Intelligence Solutions, grew its total revenue by 3% to £27.3 million in 2017, sending the shares up 1.32% to 38.5p.

PZ Cussons (PZC), an international consumer products group, tumbled 17.5% to 228.5p after warning that its profit for the full year will fall short of expectations. Story provided by StockMarketWire.com