Shares in Sainsbury's rose 4.75p to finish on 364.25p yesterday amid market whispers that Delta Two could be planning to make a second move for the supermarket chain.

Delta Two, the Qatari-backed investment fund which has a stake in Sainsbury's, pulled out of a £10.6bn bid for Sainsbury's in November last year, but analysts have suggested it could soon make a second attempt to acquire the chain.

“Although I won't expect it, a bid is possible again,” Andrew Wade, an analyst at Seymour Pierce told the Independent.

“A year ago, everyone was bullish about Sainsbury's but these things tend to happen in cycles and it's probably fair to say that they are not as loved right now,” he added.