* Only if Margin Level > 100%
Here at FxPro, we’re delighted to offer our clients the opportunity to invest in J Sainsbury PLC, through our CFDs Product. This is the third largest chain of markets in the UK, with a 16.9% share of the supermarket sector.
According to the official open sources, the company’s history began in 1869. Headquarters is located in London, United Kingdom.
The company became the largest retailer of groceries in 1922, was an early adopter of self-service retailing in the United Kingdom and had its heyday during the 1980s.
In 1995, Tesco overtook Sainsbury's to become the market leader, and Asda became the second largest in 2003, demoting Sainsbury's to third place for most of the subsequent period until January 2014, when Sainsbury's regained second place.
In April 2019, whilst awaiting to merge with rival Asda, Sainsbury's was again demoted into third place as their rival placed second.
The holding company, J Sainsbury PLC, is split into three divisions: Sainsbury's Supermarkets Ltd (including convenience shops), Sainsbury's Bank and Sainsbury's Argos. The group's head office is in Sainsbury's Support Centre in Holborn Circus, City of London.
As of February 2018, the largest overall shareholder is the sovereign wealth fund of Qatar, the Qatar Investment Authority, which holds 21.99% of the company. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.
Today this brand is listed on the LSE and its name is firmly established in our life.
J Sainsbury PLC stock price is subject to the observations of many traders in the world. At the beginning of 2019, Sainsbury share price was 18,7 EUR.
Among the reasons to keep a close eye to the CFDs on Sainsburys securities is the strong volatility that can be observed during the day-to-day trading sessions.
On this page, you can take a look at the J Sainsbury PLC share price chart to make your own responsible decision to buy or to sell it on the FxPro trading platforms.
In order to trade shares successfully, be sure to follow corporate reports and actual data that are regularly published on the major news portals.
Also, keep a close eye to the Dividend calendar at the FxPro official website. According to it, сlients, holding “Buy” positions on the ex-div date will receive a dividend in the form of a cash adjustment (deposit). Clients, holding “Sell” positions on the ex-div date will be charged the dividend amount in the form of a cash adjustment (withdrawal).