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Supermarket shares offloaded after Morrisons ‘meltdown’
by Chris Marshall on Mar 13, 2014 at 10:14
The recent market angst was triggered by worries about the state of China’s economy – and subsequently demand for goods around the world – after weekend reports showing exports sank 18% in February.
Investors remain uncertain about events in Ukraine. Russia has tightened its control over Crimea as intentional leaders continue in their attempts to convince president Vladimir Putin to pull back from the region. The latest press reports say Russian leaders are refusing all negotiations with Ukraine.
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As the UK coalition government strives to rebalance the national economy, so called 'reshoring' looks set to play an increasingly important role in economic recovery.
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- WM Morrison Supermarkets PLC (MRW.L)
- J Sainsbury PLC (SBRY.L)
- Tesco PLC (TSCO.L)
- Marks and Spencer Group PLC (MKS.L)
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