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Wm Morrison Supermarkets (MRW) Share Price London Stock Exchange October 28

After opening on the London Stock Exchange this morning at 152.90, up from yesterday’s closing price at 151.70, Morrisons share values rose significantly followed by a trend of horizontal movement that has held steady throughout the day.

Share have fallen more than 80p since the same time last year, leaving the majority of brokers advising the sale of shares while a significant portion chime in and advise investors to hold and buy as well.

Trading has seen a slightly higher level of activity on the sales end with 51.28% of all transaction activity falling in favour of shares sold.

Morrisons recently fell back on its “I’m Cheaper” lines only six months after vowing to cut prices on more than 1,000 staple items, permanently. CEO Dalton Phillips ensures prices will fall, “not just for the next week or the next month.”

OCA News Editor

Jenny McKinnley is OCA’s financial correspondent. After spending years on the trading floor in both NY and London, she offers insight from the inside out on world financial news and events.

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