Tesco vs Ocado: Better buy as UK retail sales slip
Tesco and Ocado share prices retreated on Friday after the latest worrying UK retail sales numbers. What next for Ocado and Tesco?
Source: invezz.com
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FTSE fails to maintain post-Covid highs due to strong pound
The FTSE 100 closed down slightly, failing to maintain post-Covid highs from Friday (Ian West/PA) Sign up for our daily newsletter featuring the top stories from The Press and Journal. Thank you for signing up to The Press and Journal newsletter. Something went wrong - please try again later. Sign Up The London Stock Exchange’s leading index dropped off from its post-pandemic highs reached on Friday but managed to remain above the psychologically important 7000-point barrier. The FTSE 100 closed the day down 19.45 points at 7000.08 having crossed the threshold on Friday for the first...
Source: pressandjournal.co.uk
FTSE 100 fails to maintain its post-Covid highs
Sainsbury's shares closed up The London Stock Exchange’s leading index dropped off from its post-pandemic highs reached on Friday but managed to remain above the psychologically important 7000-point barrier. The FTSE 100 closed the day down 19.45 points at 7000.08 having crossed the threshold on Friday for the first time since the pandemic hit, wiping off 10% of the index’s value. An easing of lockdown restrictions helped matters, retailers enjoyed the best of the spoils. Shares in Sainsbury’s, Tesco Ocado, B&M, Kingfisher and Primark owner Associated British Foods were all in the...
Source: heraldscotland.com