FTSE 250 movers: Domino Printing up on Japanese acquisition
Japan-based office equipment supplier Brother Industries has agreed to acquire British printing technology company Domino Printing Sciences for £1.03bn, unleashing a 32% surge in the share price. Domino, which has operations in the UK, China, Germany, India, Sweden and the US, will continue to operate as a stand-alone division within the business.
Afren
1.79p
16:34 14/07/15
Brown (N.) Group
39.20p
15:45 15/11/24
Capricorn Energy
214.50p
15:30 15/11/24
Domino Printing Sciences
915.00p
16:40 05/06/15
Domino's Pizza Group
339.60p
15:39 15/11/24
Electronic & Electrical Equipment
9,605.91
15:44 15/11/24
FTSE 250
20,508.75
15:45 15/11/24
FTSE 350
4,453.56
15:45 15/11/24
FTSE All-Share
4,411.85
15:45 15/11/24
General Retailers
4,597.92
15:44 15/11/24
Hikma Pharmaceuticals
1,798.00p
15:45 15/11/24
Oil & Gas Producers
8,043.72
15:45 15/11/24
Pharmaceuticals & Biotechnology
19,259.77
15:45 15/11/24
Travel & Leisure
8,607.27
15:45 15/11/24
Domino’s Pizza was also on the up, after analysts at Barclays upgraded the stock from ‘neutral’ to ‘overweight’, while raising their price target from 760p to 850p.
Afren rebounded, despite a continued decline in Brent crude prices.
Cairn Energy dropped over 21% after being issued with a bill of at least $1.6bn by the Indian government due to unpaid tax by a subsidiary, which the oil group has contested.
Retailer N Brown fell 14% after delivering its second profit warning in six months due to lower-than-expected product gross margins in the fourth quarter. The company said pre-tax profit for the full year would be "slightly below the range previously guided".
Hikma Pharmaceuticals was among the fallers, despite reporting a 21% rise in pre-tax profits, as a strong dollar threatened 2015 revenues.
Risers
Domino Printing Sciences (DNO) 943.50p +30.86%
Domino's Pizza Group (DOM) 774.00p +5.74%
Greggs (GRG) 1,012.00p +4.65%
Pace (PIC) 381.70p +4.55%
Afren (AFR) 6.50p +3.83%
Booker Group (BOK) 158.90p +2.71%
Savills (SVS) 724.50p +2.48%
Fidessa Group (FDSA) 2,171.00p +2.31%
Halma (HLMA) 695.50p +2.28%
Berendsen (BRSN) 1,140.00p +2.24%
Fallers
Cairn Energy (CNE) 154.20p -15.92%
Brown (N.) Group (BWNG) 346.80p -15.12%
IP Group (IPO) 221.10p -5.67%
Hunting (HTG) 463.00p -5.12%
Premier Oil (PMO) 138.70p -3.95%
Daejan Holdings (DJAN) 5,580.00p -3.71%
Hikma Pharmaceuticals (HIK) 2,233.00p -3.58%
Drax Group (DRX) 373.00p -3.47%
Vedanta Resources (VED) 518.50p -3.08%
Just Eat (JE.) 335.60p -3.06%