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Markets

LSE Volume: 3,240 M
Avg Vol: 3,962 M -18%
Fallers
1,880
Unchanged 694
Risers
2,404

FTSE firms as Reed Elsevier leads, financials follow

FTSE indices closed mildly firmer with Reed Elsevier (REL) the torchbearer, followed by a string of financial-sector stocks, as Wall St got off to a tepid start.

Unilever sees further slow-down in the emerging countries

Household goods maker Unilever reported underlying sales growth of 3.7% in the first half-year, with emerging markets up 6.6%. Operating profit was up 13% in the period at €4.4bn, reflecting profits on disposals.

Maple approach

Maple Energy has received an approach which may or may not lead to a cash offer to acquire the entire issued and to be issued share capital of the company.

Mining Roundup

Berkeley Resources (LON:BKY) was up in late trading after it issued a quarterly report for the period ended 30 June.

Oil, Gas Roundup

Maple Energy's (LON:MPLE) shares jumped after it confirmed it had received an approach which may or may not lead to a cash offer to acquire the entire issued and to be issued share capital of the company.