Skip to content

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Marks & Spencer shares among top losers on FTSE 100; Tesco slips

Traders say Marks & Spencer’s uncertain outlook has led to investors taking money off the table after better-than-expected Christmas trading. Tesco shares slip amid similar concerns over the industry’s overall outlook.

Video poster image

(AI Video Summary)

M&S shares drop over 5%

UK retailers, especially grocers, are not doing well in the stock market. Marks & Spencer's (M&S) shares have fallen by more than 5% due to uncertainty about the company's future. Even though M&S had an 8.1% increase in sales over Christmas, traders are still selling off their shares. This is because M&S typically performs well during the holiday season but struggles to keep up the momentum afterward.

Tesco shares drop around 8%

Tesco, the largest retailer in Britain, is also having a tough time. Its shares have dropped by around 8%. However, Tesco has actually upgraded its profit outlook because its sales were better than expected. But just like its competitors, Tesco's performance depends on inflation and improving its profit margins. There are concerns that if inflation rises again, it could cause some problems for Tesco. Despite this, Tesco is still popular among investors because it is a big player and holds nearly 28% of the grocery market in Britain. The CEO of Tesco is cautiously positive about the UK consumer's spending habits, but there are worries about inflation and a weakening job market.

Sainsbury's shares decline over low general merchandise sales

Another retailer, Sainsbury's, is also experiencing a decline in its shares. Although the company had a successful Christmas season, there is a concern about weak demand for general merchandise. If overall demand and spending behavior do not improve, it could create more challenges for the entire retail sector.

In summary, UK retailers, especially grocers, are facing struggles in the stock market, and are all dealing with some issues that have caused their shares to drop. There are concerns about inflation, weak demand, and a potentially weakening job market that could pose challenges for these companies in the future.

This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.

Act on share opportunities today

Go long or short on thousands of international stocks with spread bets and CFDs.

  • Get full exposure for a comparatively small deposit
  • Trade on spreads from just 0.1%
  • Get greater order book visibility with direct market access

See opportunity on a stock?

Try a risk-free trade in your demo account, and see whether you’re on to something.

  • Log in to your demo
  • Take your position
  • See whether your hunch pays off

See opportunity on a stock?

Don’t miss your chance – upgrade to a live account to take advantage.

  • Trade a huge range of popular stocks
  • Analyse and deal seamlessly on fast, intuitive charts
  • See and react to breaking news in-platform

See opportunity on a stock?

Don’t miss your chance. Log in to take advantage while conditions prevail.

Live prices on most popular markets

  • Equities
  • Indices
  • Forex
  • Commodities
website terms and agreements. Prices are indicative only. All share prices are delayed by at least 15 minutes.

" >


Prices above are subject to our website terms and agreements. Prices are indicative only. All share prices are delayed by at least 15 minutes.

Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.

Plan your trading week

Get the week’s market-moving news sent directly to your inbox every Sunday. The Week Ahead gives you a full calendar of upcoming economic events, as well as commentary from our expert analysts on the key markets to watch.


For more info on how we might use your data, see our privacy notice and access policy and privacy webpage.

You might be interested in…

Find out what charges your trades could incur with our transparent fee structure.

Discover why so many clients choose us, and what makes us a world-leading provider of spread betting and CFDs.

Stay on top of upcoming market-moving events with our customisable economic calendar.