The market spotlight on Tuesday would be house price surveys for the US covering the month of December.
European shares started the week on the front foot, with investor sentiment boosted by news of a deal between the UK and European Union on Northern Ireland.
London stocks managed a positive finish on Monday, with Rolls-Royce pacing the gains after a rating upgrade, with well-received results from Bunzl and a guidance upgrade from AB Foods underpinning the mood.
Sterling rose on Monday after Prime Minister Rishi Sunak said he had agreed a new Brexit deal for Northern Ireland with European Commission President Ursula von der Leyen.
Analysts at Berenberg raised their target price on drugmaker Hikma Pharmaceuticals from 1,440. 0p to 1,740. 0p on Monday on the back of the group's recent trading update.
West Africa-focussed Oriole Resources updated the market on exploration at its 90%-owned Central Licence Package (CLP) project in Cameroon on Monday.
UK Oil & Gas announced on Monday that, as a “necessary precursor” to its planned Horse Hill-2z Portland formation water reinjection project, it had installed three shallow groundwater monitoring boreholes at its 85. 635%-owned producing oil field.
Braemar revealed on Monday that chief executive James Gundy had acquired 10,000 ordinary shares in the London-listed shipbroker.
Synergia Energy updated the market on the Cambay field on Monday, reporting that its chief executive officer Roland Wessel had recently visited several companies in Delhi and Ahmedabad concerning the field’s farm-out process.
Graphene specialist Directa Plus upgraded its expectations for the full year in a trading update on Monday, after a strong performance in the final month of 2022.
Pending home sales in the US jumped at the start of 2023 thanks to the drop in mortgage rates around the turn of the year.
FTSE 250: 19,853. 80, +0. 80% at 1516 GMT.
Shares in Dechra slumped on Monday after the veterinary pharmaceuticals company issued a profits warning and reported a fall in half-year earnings.
Wall Street stocks were in the green early on Monday as major averages try to bounce back from their worst week of the year so far.
Primark owner Associated British Foods lifted full-year guidance consumer spending proved to be more resilient in the first half, with Britons buying early for the summer.
London’s FTSE 100 was up 0. 5% at 7,920. 86 in afternoon trade on Monday.
Orders for goods made last more than three years shrank by more than expected during the previous month as the surge in jet orders seen at the end of 2022 reversed.
Twitter is laying off another 200 workers, it was reported on Monday, the latest round of job cuts to hit the microblogging site since it was acquired by Elon Musk.
Hutchmed China announced the completion of patient enrollment in a phase two registration trial of ‘amdizalisib’ on Monday, for the treatment of relapsed or refractory follicular lymphoma (FL), which is a subtype of non-Hodgkin's lymphoma.
Senior hailed a strong trading performance on Monday as it posted a jump in full-year operating profit and said its order book remains healthy.
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