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BUZZ-Energy suppliers: CMA's watered down proposals well received

Reuters - UK Focus

** Energy suppliers rise after CMA proposals from its energy market investigation put forth on Thursday come as watered down versions of initial suggestions made last yr

** Factbox on proposals:

** CMA proposal of temporary safeguard price control for four million households (16% of the market) a massive positive vs original 70% of the market, Jefferies writes

** Centrica (Amsterdam: CC8.AS - news) +1.6 pct, 3rd top Stoxx 600 utilties gainer ; says most proposals would benefit its customers

** CMA's proposal to allow more tariff offerings & bundling of products positive for CNA, Bernstein writes, saying it allows co to bundle its energy services & smart products

** SSE (Amsterdam: UW8.AS - news) +0.4 pct with c.25% of 30-day avg vol through in 1 hr (RM (LSE: RM.L - news) : esha.vaish.thomsonreuters.com@reuters.net RM:tricia.wright1.thomsonreuters.com@reuters.net)