Investment - Morning Report: FTSE 100 falls on fears of second wave of global coronavirus casualties: Proactive

The FTSE 100 slipped lower this morning on fears of a second wave of global coronavirus casualties though there was some relief from the housing sector. Taylor Wimpey is to reopen sales centres and show homes gradually from May the 22nd following updated UK government guidance on coronavirus. The housebuilder says perspex screens will be installed with show home viewings limited to one family at a time. 

Purplebricks (LON:PURP) meanwhile surged 21% to 41p as new guidelines designed to restart the housing market came into force. From today, estate agents can open, viewings can be carried out and removal firms and conveyancers can restart operations. 

 Britain’s economy shrank by 2% in the first quarter of 2020 as the coronavirus lockdown started to take a toll. It is the worst quarter since the financial crash. Travel firm Tui is to axe up to 8,000 jobs and cut costs by 30% to tackle the slump in travel caused by the coronavirus crisis. It says holiday refunds might cost up to €500mln a month 

Gaming Realms PLC (LON:GMR) has signed a licensing agreement with US toy giant Hasbro (NASDAQ:HAS) for its Slingo brand. Hasbro will license the online casino game in new and existing territories. 

Anglo Asian Mining PLC (LON:AAZ) reported record revenues in 2019 and maintained its production forecasts for 2020 despite the coronavirus pandemic. The Azerbaijan-focused miner increased annual profits by 19% to US$30.1mln.

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Investment - Morning Report: FTSE 100 strengthens on hopes for global easing of lockdown restrictions: Proactive

Headlines from the Proactive UK newsroom. The FTSE 100 climbed nearly 60 points higher on hopes for a worldwide easing of coronavirus lockdowns restrictions. Boris Johnson is to outline the UK’s plans on Sunday.

 New car registrations slowed to a standstill in April after coronavirus lockdown measures were introduced, according to new trade figures. Only 4,000 cars were registered in April, a 97% drop on a year ago. Car dealerships have been closed as part of the virus restrictions. Ryanair, meanwhile, flew only 40,000 passengers in April compared to 13.5mln a year ago as the coronavirus restrictions grounded its fleet. The airline operated 600 flights, or 99% less than budgeted.

Cruise operator Carnival PLC(LON:CCL) has been forced to defend plans to resume some services in North America from August after they were met with a barrage of criticism. The FTSE250-listed group said it intended to phase-in services from Miami, Port Canaveral and Galveston from the 1st of August using eight ships.

 Genedrive (LON:GDR) is to raise up to £8mln to fund development of its two coronavirus diagnostic assays. The funding at 80p was primarily with institutional investors.

BATM’s (LON:BVC) Adaltis subsidiary has launched new test kits that diagnose if a patient has had COVID-19 by detecting antibodies present in their blood. They're fully CE certified and the Group has commenced shipping initial orders to several customers in Europe.

 Gaming Realms (LON:GMR) is to launch its Slingo Orginals game on the 888 platform after extending its licensing and revenue share agreement with the FTSE 250 group. The entire Slingo Originals portfolio is now available on 888casino.com.

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