Retailers' shares outperform expectations

Published:  11 March, 2010

LONDON: Shares in retailers performed well this morning on the stock exchange. Kingfisher, which owns B&Q, added 4.5p at 221.2p and midcap Wickes owner Travis Perkins rose 4.5p at 726p.

Homebase owner Home Retail Group's shares rose after a well-received update gaining 4.7p at 272.5p.

Home Retail said benchmark profit before tax for the year will be around 290m, slightly ahead of current market expectations.

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