Supermarkets won favour with the City this week, led by further talk of a bid for Sainsbury's.
Preparation for a takeover bid from a consortium of private equity companies and its partners in the next couple of weeks was reflected by a buoyant share price for Sainsbury's, rising 35p to 556p.
Tesco's share price was up 10.75p to 435.75p as Tesco Direct launched its new non-food catalogue this week.
Bid rumours surrounding Mothercare and its plans for an £85 million offer for Chelsea Stores, which owns kids' clothing retailers Daisy & Tom and Early Learning Centre, pushed shares up 15.5p to 380p.
Debenhams' share price dropped slightly to 179.25p after it announced a 4.5% dip in like-for-like sales. However, Next's shares rose 68p to 2092p ahead of its full-year results this week.
Ted Baker said it wanted to buy back up to 10% of shares, but that it wanted the Panel on Takeovers and Mergers to confirm that chief executive and founder Ray Kelvin would not be obliged to make an offer to buy the company, which he does not own. Shares had risen to 594.9p as Drapers went to press.