With economic gloom and Ebola fears again sending markets lower, Tesco stands out with another big gain.
After recording its best day since December 2013 on Tuesday, the supermarket is up 4.7p or 2.5% to 187.3p, the biggest riser in the leading index.
The recent shock revelation of a £250m black hole had sent its shares to an 11 year low, but talk of a £2bn sale of its data business and a number of boardroom changes have brought a minor revival.
via The Guardian
Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.