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STOCKS NEWS EUROPE- UK small caps up 0.2 pct at midday

The FTSE Small Cap index <.FTSE> is 0.2 percent higher at midday, just underperforming a 0.3 percent rise by the blue chip index <.FTSE>, while the FTSE 250 <.FTMC> index is up 0.7 percent.

blinkx < BLNX.L > is a strong gainer, up 11.8 percent after the video-search engine firm says it expects to beat market expectations for the first half after it doubled revenue thanks to increasing numbers of searches and partnerships with the BBC and AccuWeather.

Electronic component maker e2v Technologies < E2V.L > adds 5.5 percent after saying it expects fiscal 2011 performance to be ahead of its prior expectations, driven by strong trading in the first half that was significantly higher than the year-ago period.