However, interest short Ocado comes as facilitates liquidity. At the end of January, the amount of shares outstanding on loan was almost 13pc. now it's just 8 FP6. Ocado fell 16½-205 p.
3.30 pm: stocks of energy assistance blue-chips from edge briefly into positive territory
Energy floating stocks helped the tug blue-chips into positive territory in afternoon trading, although only by a whisker. The FTSE 100 edged 5927 3.8 points. But the FTSE 250 was still in the doldrums, slippery 78 points to 11443.
Provide support were energy stocks as oil prices rise still earlier. Oil approaching $120 a barrel in London, tullow Oil and BP set 3. 9pc and 1. 2pc respectively.
The latter had also benefited from comments about his Indian gas resources. Oil giant says there are 15 billion feet of gas resources in the 23 blocks, which he has purchased in its $7 MD deal with Reliance Industries.
But rising oil prices have had the opposite effect on International Consolidated Airlines, which sank 3 FP6 in the middle of the fears of more and more fuel costs.
However, analysts at Morgan Stanley stressed the need for "objectivity beyond oil".
"Jet fuel prices have increased 30pc for three months, by a combination of macro and political factors," they said. "Investor debate centres on the sector's ability to price for this inflation of costs without negatively affecting profitability in the medium term." We believe it is premature to 'write' industry based on fuel price increases.
Among small-caps Mouchel passed 12pc p 16.75 after services business group said that it was in talks with a potential buyer without a name.
However, Costain - that had been raised as buyer - has been quick to depart. The construction company made a statement, saying: it was not the party in question. Costain on 5-229 p.
Costain said he had approached Mouchel last week with a proposal revised recommended to share offer and money, but said that it was not the company referred to in the statement of the Mouchel.
Mouchel said:
"Even if Mouchel Council considers that the company has a solid future as an independent company, he believes the strategic logic of a combination of Mouchel and the preferred potential offeror to provide the best option to deliver value to shareholders."
11.30: Capita jumps on rise in profits
Although blue-chips were once again into negative territory, outsourcing giant capita bucked the trend, skipping FP7.
While the FTSE 100 dropped 14 points to 5908 and FTSE 250 hangar 86 points to 11435 as rising prices of oil kept the pressure on shares, inhabitant rose to come after the posting of an increase in annual profits of 309 million 20pc of £.
Capita, manages BBC TV licences and provides criminal record for the Home Office said that a strong submission pipeline leave well-positioned for 2011.
But Robin Speakman, analyst at Capital of the Bank, a vendor of capita. He said he had concerns about the rate of organic development, adding:
"We expected the company to be, as always, distributed upward on the prospects and management is expressed once more, a record pipeline of activity - it focuses on financial services & insurance and local government administration.". However, a pipeline must still be negotiated a contract and implemented. »
Panmure Gordon analysts were more optimistic, arguing:
"Overall, we believe that it is a whole very robust numbers continue to believe assessment examines attractive with capita well-placed and thus reiterate our Buy recommendation."
At the other end of the spectrum, Royal bank of scotland hangar 1.73 45.49 despite the Bank-backed state display closer annual losses as allowances for doubtful accounts fell.
Exane BNP Paribas analyst Ian Gordon retained its rating of "neutral" on RBS, saying that it was "" much too early to crack open champagne"."
"We reiterate our view that there is absolutely no reason for investors to be chasing stock beyond our price target of 50% (unchanged), and we see little better value elsewhere", he said.
"Attributable loss of £ 1 billion is technically a miss 60pc against our forecasts and consensus. However, performance is largely "on line", ", he added."
am to 18.30: Nikkei endures longest losing streak since November
The Nikkei 225 Stock average closed at its longest losing streak since November, falling 1. 10,452 2pc.
Toyota has led to low 1. FP7, while Sony electronics, global country exporter fell 1. 5pc as the stronger yen, carve out the value of overseas sales.
Gold, a traditional shelter during tough times transferred about $ 1,410 ounce, step away from being a record around $ 1,430 in December.
Hong Kong stocks were slightly more about noon Thursday, reinforced by commercial stocks of goods with edging of hang seng Index benchmark up 0 07pc at noon.
In China, Composite index in Shanghai also lined 0 3pc to 2,871, as advanced energy producers.
Overnight on Wall Street, The Dow Jones Industrial Average lost 0 9pc to 12,105.78.
Thursday market report
Explorers oil bubble up as fuel prices surge
Wednesday market report
The price of oil soaring destabilize nervous market
FTSE today: report - the market here on February 23, 2011.
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