Somerfield a smart buy

INVESTORS who went shopping for Somerfield shares got a bargain, it emerged today when they began trading on the stock market…

INVESTORS who went shopping for Somerfield shares got a bargain, it emerged today when they began trading on the stock market.

Shares in Britain's fifth largest supermarket chain were floated at 145p sterling and within minutes were checking out at 161/2p. They closed the day on 159p a paper profit of 14p a share.

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