Nov 24, 2016
FTSE 100 falls but Domino's Pizza up on growth plans
In early trade, the FTSE 100 was down 8.48 points at 6,809.23, with a number of firms going ex-dividend weighing on the index. In the FTSE 250, Domino's rose 6.3% after it said it planned to open an extra 400 stores in the UK. The pizza delivery firm has pushed up its long-term target for the number of UK stores to 1,600 from 1,200. Fellow FTSE 250 company Countrywide saw its shares dive 10% after it warned that its full-year profits were set to be at the low end of expectations. The UK's largest estate agency said the number of transactions in the market was "Significantly below" last year, with activity hit since the EU referendum and changes to stamp duty. It added that transaction numbers in 2017 were "Likely" to be lower than this year.
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