Stocks on the FTSE 100 index are rebounding again after yesterday's setback, led this morning by supermarket giant Sainsbury.
The FTSE 100 index is currently up 29 points or 0.45% to 6,458 thanks largely to Sainsbury which saw its share price leap 38p or 7% to 568p in early trading. The huge jump is to be because around 249 million shares changed hands before trading, according to Bloomberg, compared with just 20 million shares in total yesterday. Marks & Spencer has seen the benefit of this purchase too, as its shares are up17p or 2.4% to 730p while Morrison is up 3.25p or 1% to 307.5p but Tesco, in contrast, currently has a flat share price at 465.75p. Aviva is still seeing positive gains, having yesterday be...
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