Sainsburys leads FTSE surge

Supermarket giant Sainsbury’s led a surge by the London market today as investors acted on renewed takeover speculation.

Supermarket giant Sainsbury’s led a surge by the London market today as investors acted on renewed takeover speculation.

The stock was at the top of the FTSE 100 risers by mid-morning, up nearly 4% or 10.75p to 287.75p following similar gains yesterday.

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