London's FTSE 100 was up 0.3% to 7,154.22 in afternoon trade on Thursday. Tesco was the standout gainer after JPMorgan upgraded the stock to 'overweight' from a rating of 'underweight' before its bid for Booker. The bank said Tesco is a visible turnaround story and the retailer will increasingly be viewed as a capital return stock. The supermarket chain's recent acquisition of Booker is transformational because it gives Tesco a bigger market to aim at, more than £6bn of revenue capacity and a ...Den vollständigen Artikel lesen ...