Financial Times FT.com

Sainsbury falls as Kaupthing stake sale stalls

By Bryce Elder and Neil Hume

Published: October 8 2008 08:41 | Last updated: October 8 2008 22:22

J Sainsbury was the sharpest faller on a day of unprecedented volatility for the London market.

The supermarket group tumbled 14.9 per cent to 267¾p on uncertainty about the fire sale of a 10 per cent stake previously owned by Robert Tchenguiz.

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