Asda’s puny price war causes bizarre run on Tesco share price

Tesco price fresh produce fruit aisle

Tesco’s magnificent results and diverse armoury of weapons overlooked by over-reacting investors

Tesco was one of the few FTSE 100 shares not to be impacted by the financial meltdown initiated by Donald Trump’s ‘Liberation Day’ last Wednesday. Others in the same club included Sainsbury’s, M&S, Imperial Brands, BAT and ABF – proof again that groceries are safe havens in a crisis.

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