Tesco (LSE: TSCO) hits fresh 52‑week high before reversing as UK grocery inflation cools — 11 November 2025
Summary: Tesco shares touched a new 52‑week high in early London trade before losing momentum by midday, as industry data showed grocery inflation easing and market‑share gains for the UK’s largest grocer. Today’s focus for investors: how heavy festive promotions, slowing inflation and Tesco’s buyback programme shape margins and momentum into Christmas. FT Markets+2Reuters+2 Key takeaways (11 Nov 2025) Today’s trading: from record high to mid‑session pullback Tesco opened at 480.00p, briefly set a new 52‑week high of 480.50p, and then reversed, trading ~3–4% lower intraday by early afternoon. The day’s range printed 457.30–480.50p, with the previous close at 475.60p