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Markets

LSE Volume: 2,654 M
Avg Vol: 4,221 M -37%
Fallers
2,487
Unchanged 480
Risers
2,371

FTSE manages limp gains on financials, property

FTSE indices managed limp gains to midday with financial and property stocks on the rise as big-ticket oil issues faded with crude prices. Miners failed to inspire despite China cutting interest rates over the weekend.

Thortons lifts H1 pretax profit

Thortons has improved its H1 pretax profit to £6.5m, from £6.1m a year earlier. Revenue was £128.24m, from £139.75m. It would not pay an interim dividend.

Afren debt deferral

Oil producer Afren has been given an extension on its debt repayments with lenders of the $300m Ebok debt facility agreeing a further deferral of the $50m amortisation payment until 31 March.

RTC's profit

RTC Group said its FY pretax profit rose 38% to £1.02m, from £0.74m. Group revenue was up 4% to £51m, from £49m.

Dialight revenues up

Dialight's group revenue rose by 22% to £159.8m in the year to the end of December (2013: £131.2m) - an increase of 25% at constant currency.