LONDON (ShareCast) - (ShareCast News) - London stocks are expected to open a little lower on Wednesday amid holiday-thinned volumes, following healthy gains in the previous session.
The FTSE 1000 is called to open 16 points lower than Tuesday's close at 6,298 on what will be the final full trading day of 2015.

There is no major UK data due but Eurozone M3 money supply is at 0900 GMT. In the US, MBA mortgage applications are at 1200 GMT, while pending home sales are at 1500 GMT.

Regional REIT buys £37.5m portfolio

Recently-listed commercial property company Regional REIT has exchanged contracts to purchase five assets from a retained client of La Salle Investment Management for a total consideration of £37.5m in an off-market deal.

The transaction, which is likely to complete by the end of January 2016, is expected to provide a net income of £3.38m a year, equating to a yield of 8.25%. It will be funded from the company's existing resources.

Mirada plc, the AIM-quoted leading audiovisual content interaction specialist, said it reduced interim pre-tax losses to £0.81m from £0.88m.

Revenues rose to £2.26m from £2.19m with earnings before interest, tax and depreciation up to £0.18m from a loss of £0.09m last time.

Mirada said it expected a further increase in EBITDA once the Mexico City Televisa networks start their commercial roll out of its set top box and interactive technology "Inspire" product.

Fully-listed cash shell Silver Falcon has agreed to make an initial acquisition, with a reverse takeover planned of unlisted insurance automation technology firm Lime Holdings.

Silver Falcon, which listed in November with a buy-and-build strategy focused on the 'fintech' industry, was forced to suspend its shares last week after major anticipatory spikes in its share price.

While the company has reached an agreement with Lime's management, the terms are subject to due diligence, a fundraising, and re-listing of the enlarged group

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