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London open The FTSE 100 is expected to open 37 points higher on Tuesday, having closed up 0. 97% at 5,563. 74 on Monday.
London’s benchmark broke into the green by the close on Monday, having spent much of the session below the waterline as oil prices slid and as investors came to terms with the prospect of a prolonged lockdown.
Pan African Resources said on Monday that it has implemented the necessary measures at all its operations to conduct essential services during the 21-day national lockdown period in South Africa, in place in response to the Covid-19 coronavirus pandemic.
Drug discovery and development company ImmuPharma announced subscriptions to raise £1. 5m through the issue of 15 million new ordinary shares at a price of 10p each on Monday.
Thor Mining updated the market on the sale of the royalty it holds over the Spring Hill gold project on Monday.
Arricano Real Estate announced on Monday that its final shopping centre, South Gallery, has now been impacted by Ukraine local government restrictions as to customer access due to the Covid-19 coronavirus pandemic.
Franchised residential sales and lettings agency Hunters Property updated the market on the impact of the Covid-19 coronavirus pandemic on current trading on Monday, and on the publication of its results for the year ended 31 December.
Teleradiology service provider Medica Group announced on Monday that Richard Jones has been appointed as its chief financial officer, and an executive director on its board.
Media and entertainment technology company Amino Technologies updated the market in light of the Covid-19 coronavirus pandemic on Monday, reporting that it had implemented parts of its business continuity plan to enable all its global staff to work remotely.
UK-focussed onshore hydrocarbon company Union Jack Oil updated the market on the Biscathorpe project on Monday, located within Lincolnshire licence PEDL253.
UK-focussed oil and gas company i3 Energy has entered into an option agreement to acquire all issued and outstanding common shares of TSX-listed Toscana Energy Income Corporation (TEIC), it announced on Monday.
Greencoat UK Wind has completed the acquisition of the Slieve Divena II wind farm from SSE Renewables, it announced on Monday, for a consideration of £51m.
Ironveld announced a new strategic partnership with Inclusive Investment Group (IIG) on Monday, part of which involved it entering into arrangements to raise potential total gross proceeds of about £2. 7m.
New media and technology company Iconic Labs announced on Monday that, in partnership with Damian Collins MP - former chair of the Digital, Culture, Media and Sport select committee, who also led the inquiries on disinformation and fake news - has established 'Infotagion: Covid-19'.
Most markets in Asia finished in the red on Monday, as the Covid-19 coronavirus outbreak continued to spread globally, although stocks in Australasia did manage to close positive.
Water company Pennon updated the market on its trading in light on its results for the year ending 31 March, and the Covid-19 coronavirus outbreak, on Monday, reporting that group performance for the 2019-2020 financial year was in line with management expectations.
London stocks remained in the red by the close on Friday after three days of gains, with concerns about the impact of the coronavirus pandemic continuing to mount after the US overtook China for the most confirmed cases.
The FTSE 100 ended the week 354 points higher at 5,510. 33.
Investment fund Infrastructure India updated the market further on the impact of the Covid-19 coronavirus on Friday, given the government of India had ordered a complete national lockdown of non-essential activity for a minimum of 21 days, in an effort to slow the spread of the virus.
European Metals Holdings has reached final agreement with central and eastern Europe-focussed power utility CEZ Group over a strategic partnership and significant investment into the Cinovec Project, it announced on Friday.