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.