Tesco share price closes up ahead of first half results on Wednesday
Shares in troubled supermarket Tesco closed up three per cent to 192.10p per share this afternoon, ahead of its full-year results which are due out tomorrow morning.
Tesco's shares inched up at the open, and added about one per cent over the course of the morning, and continued to make gains throughout the afternoon.
Shares in high street rivals Sainsbury and Morrisons also closed up 2.29 per cent to 272.70p per share and 2.91 per cent to 173.10p per share respectively.
Read more: Three things to expect from Tesco's results
Investors will be eager for the first signs that chief executive Dave Lewis' turnaround plan is taking shape.
Earlier today, Lewis pledged to simplify the way the supermarket does business with suppliers as part of his efforts to change the behaviour at the group.
Read more: Tesco boss Dave Lewis pledges to simplify relationship with suppliers