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STOCKS NEWS EUROPE-UK small caps close down 0.1 pct

UK small caps close down 0.1 percent, outperforming a 0.5 percent decline on both the blue chip FTSE 100 index and the mid-caps .

Shares in Carclo add 6.2 percent in four times their average daily volumes after the British specialty plastics company forecast a "much stronger second half" for operating profit.

On the downside, electrical components maker XP Power Ltd

falls 6.3 percent after reporting an 11 percent year-on-year decline in nine month revenues and saying that global demand for its customers' products remains subdued.

Investec and Peel Hunt both cut XP's price targets after the trading update.

Reuters messaging rm://antonina.vorobyova.thomsonreuters.com@reuters.net

Keywords: MARKETS EUROPE STOCKSNEWS