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Markets

LSE Volume: 63 M
Avg Vol: 4,246 M -99%
Fallers
41
Unchanged 1
Risers
23

FTSE mixed as Petrofac plunges, BT gains

FTSE indices ended mixed with falls in resources stocks the main ballast on jitters over China's economy and the future price of oil. Blue chips were led down by Petrofac (PFC), which dumped more than a quarter of its value on a profit warning.

Petrofac eyes FY profit at lower end $580-$600m

Petrofac said it is on track to deliver FY 2014 net profit towards the lower end of the $580m-$600m range provided in previous guidance. It reported a strong order intake of $10bn year to date and backlog at a record level of about $21bn.

MediaZest's data

MediaZest announces the launch of its 100%-owned unique retail data gathering product, MediaZest Retail Analytics. The product has been developed in conjunction with Argus Global Biometrics Technologies Ltd pursuant to the memorandum of understanding announced Jan. 15.

Oil, Gas Roundup

Antrim Energy (LON:AEY) shares were up in late trading after Sound Oil (LON:SOU) announced that it intended to make an offer for 100% of the company.

Mining Roundup

Tri-Star Resources (LON:TSTR) was one of the sector's biggest risers after it said reconnaissance exploration programmes had highlighted two new prospective antimony trends in the Bald Hill area which have returned prospecting assays of 4.61% Sb and 21.7% Sb, respectively.