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STOCKS NEWS UK-Small Caps down 0.9 pct at the close
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15:52GMT 03Jul200-UK Small Caps down 0.9 pct at the close
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The FTSE small cap index ends 0.9 percent lower, underperforming the wider UK market, with the FTSE 100 up 0.1 percent while the FTSE 250 (news) is flat.
Braemore Resources (LSE: BRR.L - news) tumbles 28.5 percent as investors are disappointed by an all-share offer for the platinum and nickel producer by Jubilee Platinum, which sheds 3.3 percent.
Energy metering company Bglobal (LSE: BGBL.L - news) jumps 43.7 percent as the firm secures meter asset funding from Barclays (LSE: BARC.L - news) , prompting Charles Stanley Securities to upgrade its rating on the stock to 'buy' from 'hold'.
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