Source - SMW
It was a tough week for equity investors as shares in the UK's largest quoted companies struggled once more.

The FTSE 100 nudged 20.4 points up to 7,348, meaning the index had fallen 0.7% in total since last Friday's close (23 June).

There was no major corporate news among the blue chip stocks, although broader factors contributed to weakness in utility, oil and banks on the last day of the trading week.

United Utilities (UU.) was down 2% to 879.7p; Royal Dutch Shell (RDSB) had fallen 0.6% to £20.81 and HSBC (HSBC) retreated 0.2% to £713.7p.

Among the risers were healthcare firms Mediclinic (MDC) and ConvaTec (CTEC), up 1.9% to 747.5p and 1.5% to 319.4p, respectively.

In other news, the UK economy grew by 0.2% in the first quarter of 2017, as per previous expectations.

Brent crude oil increased 0.7% to $47.75 per barrel. Copper and gold were broadly flat at $5,908 per tonne and $1,241 per ounce. 

SMALL CAPS RISERS AND FALLERS

Gamers were keen to get their hands on the Nintendo Switch console earlier this year, said Game Digital (GAME) but it wasn't able to sell enough to avoid a profit warning. Nearly a third of the company's valuation was wiped out after it said earnings were below expectations, blaming insufficient supply of Switch units and ongoing softness in Xbox and PlayStation markets.

Mobile beacons technology firm Proxama (PROX) said it would try and raise at least £3.1m via issuing new shares at a 79.3% discount to last night's close price. That's its working capital requirement for the next 12 months. Its share price collapsed 62% to 0.06p.

Nanoco (NANO) received its first commercial order from Wah Hong Industrial, which is buying its cadmium-free quantum dots that can be used in many applications such as medical imaging. Investors were excited by the breakthrough as the stock soared 34.2% to 43.6p.

Newspaper published Trinity Mirror (TNI) gained 5.7% to 100.3p on an optimistic trading statement that forecasted a better performance in the second half of its financial year.

Cyber security firm ECSC (ECSC) warned of a delay in revenue growth that would affect its 2017 results, causing the share price to shed 32.2% to 305p.

San Leon Energy (SLE) jumped 13.2% to 33p after receiving a takeover offer from China Great United Petroleum Holdings. 

Elsewhere, a contract win at Sabien Technology (SNT) worth £287,750 sparked a 20% share price rally to 1.5p.