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STOCKS NEWS EUROPE-UK small index flat as bigger stocks gain

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The FTSE Small Cap index stays flat in early trades, while the bluechips and the mid caps gain 0.2 percent.

Technology provider e2v Technologies falls 4 percent in heavytrading volumes of eight times its 90-day daily average after a warning that itwould miss its targets for the year.

AFC Energy are up 16 percent on volumes of five times its 90-dayaverage after announcing an equity investment of 8.7 million pounds by ErvingtonInvestments Ltd, whose main stakeholder is Roman Abramovich. The funds raisedwill strengthen AFC Energy's balance sheet and provide the company withadditional cash resources to execute its long term growth strategy and invest inits low cost fuel cell technology, the company said.

Reuters messaging rm://alistair.smout.thomsonreuters.com@reuters.net

Keywords: MARKETS EUROPE STOCKSNEWS