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LSE Volume: 6,436 M
Avg Vol: 5,127 M +26%
Unchanged 587

FTSE ends with whimper as retail helps blue chips

FTSE indices closed with a whimper, blue chips up a sliver and mid caps a whisker lower. Some retail stocks booked gains, alongside several financials and pharmas, but insurers were ballast. Debt-laden Greece hopes for a bailout deal Sunday, but creditors remain wary as the soap continues.

Kingfisher retail profits fall

Kingfisher's like-for-like sales rose by 0.8% in the first quarter but reported retail profits were down 4.8% at £150m. Retail profits were hit by £10m adverse forex movements on the translation of non-sterling profits and £7m charges for new country development activity.

CON encouraged

Connemara Mining is encouraged by initial results from an ongoing prospecting programme on the five licence block of ground in the Inishowen area of Donegal centred around the historic Glentogher lead-silver mine.

DQE's results

DQ Entertainment, a leading animation, gaming, entertainment production and distribution company, posts adjusted pre-tax profits of INR195m for the year to the end of March - up from INR191m last time.

TATE's profit

Tate & Lyle has booked a FY pretax profit of £51m, from £277m. Sales totalled £2.36bn, from £2.75bn. Its dividend per share was 28p, from 27.6p. CEO Javed Ahmed described the period as 'very' challenging.