Shares in Avanti Communications Group shed as much as 17 percent after the British satellite operator's full-year revenue falls short of market expectations.
Defensive stocks are a relatively attractive proposition, given uncertainty in the U.S. and rising oil prices which threaten the global growth outlook, an analyst for Shore Capital says in a note.
Shares in advertising agency Publicis fall 2.9 percent, reversing a portion of recent lofty gains, as traders cite a downbeat research note on the company from Exane analysts. "Third-quarter organic growth might not be as strong as expected...
The FTSE Small Caps index loses 0.2 percent in early trade, tracking similar falls by the FTSE 100 index, also down 0.2 percent, with the FTSE 250 index off 0.3 percent.
*FTSE 100 down 0.2 percent, yo-yoing around 5,800. LONDON, Oct 10- Britain's top shares edged lower on Wednesday, tracking falls on Wall Street and in Asia on concerns over the global growth outlook, although gains in heavyweight miners and banks provided a floor under the FTSE 100 index around the 5,800 level. At 0805 GMT, the FTSE 100.
falls 0.64 percent, while the 50- share NSE index is down 0.68 percent, as profit-taking hits private lenders, including ICICI Bank. falls 1.1 percent after gaining 1.14 percent on Tuesday, while HDFC Bank. *Blue chip capital goods stocks also hit by profit-taking: Larsen& Toubro.
HONG KONG, Oct 10- Hong Kong shares ended marginally lower on Wednesday, tracking weakness in other Asian bourses on concerns over U.S. corporate earnings, but strength in China plays helped limit the benchmark's losses. Dongfeng Motor Group Co Ltd rose 4.9 percent while GAC Group rose 4.5 percent.
LONDON, Oct 10- Britain's Oxford BioMedica. said on Wednesday it was closing a mid-stage clinical trial of its cancer vaccine TroVax in U.S. patients with prostate cancer, dealing a further blow to the troubled product. Shares in the company fell more than 9 percent on the news.
LONDON, Oct 10- European shares pared earlier losses on Wednesday to turn flat, as gains in miners counterbalanced weakness in technology shares. The FTSEurofirst 300 index was broadly flat at 1,095.79 points by 0731 GMT. The euro zone Euro STOXX 50 index.
gains 0.6 percent a day after the company said its second quarter deliveries rose 5 percent from a year earlier. *Morgan Stanley says volumes are higher than its expectations, suggests Tata has started ramping up steel output thanks to newly-expanded capacity.
LONDON, Oct 10- Britain's top shares index edged lower in early trade on Wednesday, tracking falls on Wall Street and in Asia on concerns over the global growth outlook, and with investors looking to third-quarter corporate earnings for fresh direction. Alcoa kicked off the U.S. third-quarter earnings season after Wall Street's close on Tuesday.
AMSTERDAM, Oct 10- Shares in Dutch delivery group TNT Express fell as much as 2.5 percent on Wednesday after the Financial Times reported the European Union would object to American rival UPS's 5.2 billion euro bid for TNT. TNT Express shares were down 0.8 percent at 8.09 euros by 0711 GMT, compared with UPS's bid of 9.50 euros per share.
LONDON, Oct 10- European shares fell on Wednesday, losing ground for the third consecutive session, pegged back by concerns over the euro zone and the prospects of weak corporate earnings.
Oct 10- China shares edged up slightly on Wednesday led by brokers and oil producers for a second straight day on hopes that Beijing will take more market-boosting steps. The CSI300 index of top Shanghai and Shenzhen listings and the Shanghai Composite both rose 0.2 percent. Keywords: MARKETS HONGKONG CHINA STOCKS/ CLOSE.
*Newcrest Mining slips 1.3 percent as bullion weakens. MELBOURNE, Oct 10- Australian shares pulled back from 14- month highs on Wednesday as lower growth forecasts for China and other regional economies by the International Monetary Fund wiped off gains made by miners on higher iron ore prices.
Shares in hospital operator Bangkok Dusit Medical Services Pcl were down 4.1 percent at 105 baht at the midsession break of 0530 GMT after block trades at a lower-than-market price of 104.5 baht. 12:20 STOCKS NEWS THAILAND- Condominium remains in limelight as Bangkok zoning law nears- Citi.
At 0602 GMT, futures for the Euro STOXX 50, for Germany's DAX and for France's CAC were down 0.1-0.3 percent.
*Shares in Emkay Global Financial Services Ltd. 9.9 percent after announcing the National Stock Exchange had re-instated its trading facility across cash, derivative and currency segments.
Bangkok's new zoning law aiming to reduce city density is unlikely to materially reduce condominium development opportunities in the capital and could be positive for developers that tapped into less stringent zones, Citigroup said. Bangkok's existing city plan is due to expire in May 2013.
MELBOURNE, Oct 10- Australian shares slipped 0.3 percent on Wednesday, pulling back from 14- month highs after the IMF cut its growth forecasts for a second time, sending shares around most of the region lower. climbed 6 percent to $117.20 a tonne, its highest since Aug. 1, according to data provider Steel Index, taking gains to 12.5 percent over the past two days.