Investments and investor services
FTSE100 drops 40 as supermarkets struggle
The FTSE100 ended the day 40 points, or 0.6% lower at 6,274.
Company
LON:SBRY
J Sainsbury PLC is a United Kingdom-based company principally engaged in grocery and related retailing, and financial services.
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Investments and investor services
The FTSE100 ended the day 40 points, or 0.6% lower at 6,274.
Investments and investor services
The index appears likely to end its run of eight straight daily falls,
The index appears likely to end its run of eight straight daily falls,
Investments and investor services
The FTSE 100 Index was around 1.5%, or 90 points, higher to 5,964
Tesco, Asda and Morrisons all saw sales slump in the 12 weeks to December 6.
The FTSE100 was also on its way down, losing around 70 points, or 1.1% to 6,151.
Investments and investor services
The miners contributed to a 9 point fall for the FTSE100, which stood at 6,214 around 9am.
A look at some of Wednesday's trending financial stories...
Update: Comment added on Bezant and Galileo.
Sales at Tesco fell 2.5% in the 12 weeks to November 8
Investments and investor services
The FTSE100 ended the day just 10 points higher to 6,285, having been some 40 points to the good at lunch.
The Footsie rose 39.57 points to 6314 while mainland European shares also gained
Investments and investor services
The Footsie surged 43.78 points to 6319 and mainland European markets also rose
Sainsbury's said underlying pre-tax profit fell 17.9% to £308mln
Investments and investor services
US markets were largely flat with the Dow Jones Industrial Average adding 28 points
Investments and investor services
Miners and commodity stocks slumped after a rating agency sounded a bearish note on China and commodity prices
Investments and investor services
TalkTalk and Sainsbury are set to be among Wednesday's highlights
Supermarket chain tipped to turn in half-year profits of £269mln
Investments and investor services
A bigger-than-expected global hit from China would threaten world economy - Moody's