The average one-year price target for Gran Tierra Energy (LSE:GTE) has been revised to 663.40 GBX / share. This is an increase of 16.18% from the prior estimate of 570.99 GBX dated February 23, 2026. The price target is an average of many targets provided by a
The average one-year price target for Gran Tierra Energy (LSE:GTE) has been revised to 663.40 GBX / share. This is an increase of 16.18% from the prior estimate of 570.99 GBX dated February 23, 2026. The price target is an average of many targets provided by a
Hong Kong is expected to introduce short-term relief measures for the transport sector that has been heavily affected by oil price fluctuations under a task force set to be established to monitor and respond to the Middle East conflict and the global energy crisis, the South China Morning Post has learned. The news followed a meeting among senior officials on Thursday morning, during which they di...
Hong Kong is expected to introduce short-term relief measures for the transport sector that has been heavily affected by oil price fluctuations under a task force set to be established to monitor and respond to the Middle East conflict and the global energy crisis, the South China Morning Post has learned. The news followed a meeting among senior officials on Thursday morning, during which they discussed strategies and possible measures to tackle the impacts of the energy crisis on local...
As Israel attacks on Lebanon continue, Abbas Araghchi points to announcement that says ceasefire includes Lebanon while JD Vance says US never promised that Middle East ceasefire in serious doubt as Israel assaults Lebanon and Iran blocks oil tankers Will shipping in the strait of Hormuz – and oil prices – return to normal? Independent analysts say they have observed no change in traffic through t...
As Israel attacks on Lebanon continue, Abbas Araghchi points to announcement that says ceasefire includes Lebanon while JD Vance says US never promised that Middle East ceasefire in serious doubt as Israel assaults Lebanon and Iran blocks oil tankers Will shipping in the strait of Hormuz – and oil prices – return to normal? Independent analysts say they have observed no change in traffic through the strait of Hormuz . That’s despite claims from the White House on Wednesday there had been an uptick in the number of ships transiting the strategic waterway since a US-announced ceasefire with Iran. Windward, a maritime intelligence firm that tracks international shipping, said only 11 vessels transited the strait on Wednesday – about the same number from prior days. Iran announced alternative routes for ships travelling through the strait of Hormuz, citing the risk of sea mines in the main zone of the vital waterway. The statement shared instructions for an alternative entry and exit route through the strait. The Trump administration on Wednesday stated Lebanon was not part of the ceasefire deal , with White House press secretary Karoline Leavitt claiming “that has been relayed to all parties”. The US vice-president, JD Vance, also told reporters in Budapest that the US never promised to include Lebanon in the ceasefire , and that Iran may have been under that impression due to a “misunderstanding”. Israel announced on Wednesday it did not consider Lebanon covered by the Iran-US truce. Karoline Leavitt also dismissed “misreporting” that Trump is working from the original 10-point plan put forward by Tehran. She said the 10-point plan presented in public by Iran was “literally thrown in the garbage” by Trump – despite the fact Trump said on Truth Social that the US received a 10-point proposal from Iran that is believed to be a “workable basis on which to negotiate”. Leavitt claimed Iran actually put forward a “more reasonable and entirely different and condensed plan to...
Market Snapshot USD/INR ₹92.58 -0.4% Nifty 50 Index 23,997.35 +3.8% India 10-Year Bond Yield 6.91% -0.13 Spot Gold ($/oz) $4,726.01 +0.1% S&P 500 Futures 6,811.50 -0.2% Market data as of 08:20 AM IST, Apr. 9, 2026, or the previous close for Indian markets. Data is subject to provider delays. Good morning... I’m Savio Shetty in Mumbai, bringing you the latest on markets ahead of the open. The optim...
Market Snapshot USD/INR ₹92.58 -0.4% Nifty 50 Index 23,997.35 +3.8% India 10-Year Bond Yield 6.91% -0.13 Spot Gold ($/oz) $4,726.01 +0.1% S&P 500 Futures 6,811.50 -0.2% Market data as of 08:20 AM IST, Apr. 9, 2026, or the previous close for Indian markets. Data is subject to provider delays. Good morning... I’m Savio Shetty in Mumbai, bringing you the latest on markets ahead of the open. The optimism sparked by the US-Israel ceasefire has already been tempered. Oil has recovered a little after its biggest one-day drop since April 2020, as the Strait of Hormuz remained largely blocked and Israeli attacks on Lebanon have threatened to derail the fragile deal. Early declines in Asian stocks aren’t a welcome signal for the Nifty 50, which on Wednesday logged its longest winning streak since November. The Indian benchmark began rallying before the ceasefire was announced, with the beaten-down IT being one of the key drivers. The sector will be in focus today, with Tata Consultancy Services set to report after the bell. Earnings performance and the durability of the ceasefire deal will determine whether the Nifty’s five-day rally can continue. In today’s newsletter, we write about: The allure of bank stocks for value pickers The advantage for brokers over asset managers The pressure on electronics manufacturers’ earnings But first, let’s take a look at the action in small-caps. Markets Buzz: Small-Caps Climb a Hurdle Looking at the chart below, it’s clear the index has failed to hold above the 50-DMA after several attempts to break out in recent months. Will this time be different? On one of the strongest days for Indian equities in the past year, small-caps fared better than the benchmark. A gauge of smaller firms jumped 4.4% — the most in four years — to close above its 50-day moving average. In contrast, the Nifty 50 and the Nifty Midcap 100 gauges are still below that mark. Smaller firms, often seen as a barometer of market animal spirits, could also get support from ...