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STOCKS NEWS EUROPE-FTSE AIM index flat, Ultrasis jumps

Reuters - UK Focus

Junior-listed AIM shares trade flat, outperforming the FTSE Small Cap index, off 0.3 percent, and the mid-caps, 0.6 percent weaker.

Ultrasis (LSE: ULT.L - news) , a provider of cognitive behavioural therapy for stress and depression, jumps 7.1 percent after its U.S. joint venture wins a contract with Mental Health Association of Southeastern Pennsylvania.

Africa-focused Avocet Mining (LSE: AVM.L - news) climbs 4.9 percent after saying it is set to buy back all its forward sold production, a hedge which has caused problems for the company since it cut a reserves estimate at its gold mine in Burkina Faso earlier this year.

Shares in Avocet are down 77 percent so far this year.

Reuters messaging rm://tricia.wright1.thomsonreuters.com@reuters.net