Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSainsbury's Share News (SBRY)

Share Price Information for Sainsbury's (SBRY)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 258.20
Bid: 258.20
Ask: 258.40
Change: 1.80 (0.70%)
Spread: 0.20 (0.077%)
Open: 256.40
High: 259.40
Low: 255.60
Prev. Close: 256.40
SBRY Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Wednesday preview: Bitcoin, Sainsbury in the spotlight

Tue, 09th Jan 2024 13:48

(Sharecast News) - The economic agenda will be sparse in the middle of the week.

Wednesday's main releases will be in the People's Republic of China, with readings for foreign direct investment and money supply growth in December both due out.

Investors will also be keeping an eye out for the U.S. Securities and Exchange Commission's expected decision on whether to allow exchange traded funds for Bitcoin.

No major economic reports are scheduled in the U.K., U.S. or euro area.

On the company side of things, Sainsbury will post its financials for its third fiscal quarter.

Michael Hewson, chief market analyst at CMC Markets UK, believed the grocer's sales pre-Christmas had remained resilient, further helping to cement its position as the country's number 2 supermarket.

However, food and drink sales may have sapped some of the strength of those of higher price items at its Argos unit.

Furthermore, the CMA was looking into grocers' loyalty card promotions to ensure that they were not misleading consumers, Hewson added.

On the flip-side, grocery price inflation was trending at levels of 9%.

Sainsbury itself had guided towards full-year profits towards the top end of the range of £670-700m, whilst free cash flow was pegged to come in at £500-600m.

Wednesday 10 January

INTERIM DIVIDEND PAYMENT DATE

Mercia Asset Management, Severn Trent, Volex, VP

QUARTERLY PAYMENT DATE

Assura

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Crude Oil Inventories (US) (15:30)

MBA Mortgage Applications (US) (12:00)

Wholesales Inventories (US) (15:00)

GMS

Hummingbird Resources, Scirocco Energy , Scirocco Energy , Versarien

AGMS

Ironveld

TRADING ANNOUNCEMENTS

Greggs, Persimmon, Sainsbury (J)

FINAL DIVIDEND PAYMENT DATE

Bellway, Fidelity Special Values

More News
6 Jul 2023 10:31

BoE chief backs steps to tackle retailers over-charging

(Alliance News) - Bank of England Governor Andrew Bailey has said there was evidence that some retailers are overcharging shoppers and backed regulator moves to tackle so-called price gouging.

Read more
5 Jul 2023 09:34

LONDON BROKER RATINGS: UBS likes Pearson; Liberum cuts Naked Wine

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

Read more
4 Jul 2023 17:59

M&S food makes good start to new financial year, says boss

CEO says prices won't go down as fast as they went up

*

Read more
4 Jul 2023 17:23

M&S food makes good start to new financial year, says boss

LONDON, July 4 (Reuters) - British retailer Marks & Spencer's food business has made "a good start" to its 2023-24 financial year, the group's boss told investors on Tuesday.

Read more
4 Jul 2023 17:18

UK's FTSE 100 inches lower as industrials dip; healthcare stocks rebound

Airlines rise after strong numbers from giant Ryanair

*

Read more
4 Jul 2023 16:54

European shares steady, interest rate uncertainty remains

Real-estate, healthcare stocks top gainers

*

Read more
4 Jul 2023 16:49

LONDON MARKET CLOSE: Tepid close after quiet day with US market closed

(Alliance News) - Stocks in London were largely higher on Tuesday, though the FTSE 100 slipped into the red amid weakness, while US markets were shut for the independence day holiday.

Read more
4 Jul 2023 12:44

Sainsbury's "sweet as nectar" but Tesco still preferred grocery play

(Alliance News) - J Sainsbury PLC on Tuesday reported an improved first-quarter amid simmering political scrutiny as supermarkets come under the spotlight.

Read more
4 Jul 2023 12:08

LONDON MARKET MIDDAY: Stocks higher amid US holiday-thinned trade

(Alliance News) - Stock prices in London were higher at midday on Tuesday, with the absence of US markets and any major economic releases keeping trade muted.

Read more
4 Jul 2023 11:33

Higher wages to temper UK food inflation fall, says Sainsbury's boss

LONDON, July 4 (Reuters) - Food prices in Britain will not return to where they were before Russia's invasion of Ukraine because a permanent rise in labour costs will mitigate the easing of commodity and energy pressures, the boss of Sainsbury's said on Tuesday.

Read more
4 Jul 2023 10:08

Sainsbury's says UK fresh food prices falling, packaged goods to follow

Q1 like-for-like sales up 9.8%

*

Read more
4 Jul 2023 08:50

LONDON MARKET OPEN: Tepid trade as housebuilders weigh on FTSE 100

(Alliance News) - London's FTSE 100 tread water in early dealings on Tuesday, with housebuilders on the back foot, and little movement elsewhere during what is expected to be a muted day for global markets due to a thin data calendar and a US holiday.

Read more
4 Jul 2023 08:05

TOP NEWS: Sainsbury's backs outlook and seeing ebb in food inflation

(Alliance News) - J Sainsbury PLC on Tuesday reported an improved first-quarter, with grocery sales on the up, and its Argos arm also delivering.

Read more
4 Jul 2023 07:53

LONDON BRIEFING: Sainsbury's sales up; Eurowag buys more of JITpay

(Alliance News) - Stocks in London are to open a touch lower on Tuesday, with little in the way of catalysts for global markets, given a lack of major data and a holiday in the US.

Read more
4 Jul 2023 07:03

Sainsbury's holds guidance as sales rise

(Sharecast News) - UK supermarket chain Sainsbury's reported an 11% rise in grocery sales in the four months to June 24 and maintained annual guidance as it said food inflation was showing signs of falling.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.