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Posted by
Two Blokes May 22 -
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Stock
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Kingfisher PLC (LSE:KGF) shares seemed harshly hammered when the owner of B&Q and Screwfix posted full-year results in March, but until last week had bounced back by almost a third as investors seemed to gain confidence in its upcoming trading update. The improvement was part of a broader UK retail rally, as backers seemed to cast aside worries over weak consumer confidence and rising costs.