Investor hopes of further monetary stimulus from central banks, to help mitigate the economic impact of the coronavirus outbreak, has seen shares that have been listed in London rebound.

Panic in the markets had been widespread after the FTSE and mid-cap index closed on Friday with their biggest weekly declines since the 2008 financial crisis.

However, as the markets opened again this Monday, the mid-cap index was up 2% and the FTSE 100 had seen an upward curve by 1.7%.

In further good news, Royal Dutch Shell plc and BP plc rose 4% each, and the worst-hit sectors recently – airlines, luxury goods makers and miners – all rose between 1.6 and 2.4%, putting to bed the notion that coronavirus would cripple supply chains.

The expectation amongst investors now is that there will be a concerted effort from central banks worldwide to shore up growth and cut interest rates.

Fresh Brexit negotiations, starting today, will hope to conclude with a trade deal by the end of the year, and investors will also be keeping a watchful eye on those proceedings.

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