FTSE down despite Tesco Christmas cheer

Retailers led the FTSE 100 Index into negative territory today as an update from the UK’s biggest grocer failed to inspire investors.

FTSE down despite Tesco Christmas cheer
Tue, 17 Jan, 2006 - 11:36

Retailers led the FTSE 100 Index into negative territory today as an update from the UK’s biggest grocer failed to inspire investors.

Strong Christmas sales from Tesco were clouded by figures showing a slowdown in international growth, making the stock one of the session’s highest fallers.

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CourtsBusinessPlace: UKPlace: LondonPlace: TokyoEvent: ChristmasEvent: New YearOrganisation: FTSEOrganisation: TescoOrganisation: FootsieOrganisation: MorrisonsOrganisation: Deutsche BankOrganisation: Cairn EnergyOrganisation: Blacks LeisureOrganisation: Pace MicroOrganisation: JD SportsOrganisation: John David Group
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