Share holders today dumped their shares after hearing Sainsburys are to call for more shares to be brought to market which will dilute the current value of their current share price, which caused a panic of share dumping.  Their share price went down 7% today sit 23½p to 308¼p.

Sainsbury will gain £445m for bringing out more shares in the hope to get more cash.  Analysts say the stocks value will go down around 3%.  Many investors are worried that Qatari shareholders will start to offload their stake causing a tidal wave effect.

Rival Morrisons fell 1p to 243¾p while market leader Tesco fell 7.6p to 354p.  Not a good day for food chains.