RE: RBC says sector-perform 200p3 May 2022 22:20
'Could explain the positive SP performance today. This could have bottomed last week. Onwards and upwards.'
increase might have been related to stories about increase in footfall over the bank holiday. Industry fashion reported;-
UK footfall across all retail destinations rose 8% between Saturday, 30 May to Monday, 2 May, compared to the week before, narrowing the gap from 2019's May bank holiday to an average of -8.3%.
According to the latest data from retail experts Springboard, Saturday and Sunday were the strongest trading days, with rises in footfall of +9.5% and 11.3% in consumer activity overall.
who knows.