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Killik & Co's Weekly Market Update: 10th Apr

Apr 10, 2026

The market update discusses the impact of Middle East developments on global markets, including a relief rally followed by renewed concerns. It highlights the performance of the MSCI World Index, S&P 500, and Nasdaq, as well as the VIX Index and Brent crude oil prices. The update also covers Bill Ackman's offer to acquire Universal Music Group (UMG) and the potential benefits of a US listing for the company.

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Tickers discussed in this post

SHELNeutralMedium ConvictionSignal-backedSecondary

Shell's share price initially fell around 5% on the day due to oil price declines but has since rallied, up approximately 25% year-to-date.

BPNeutralMedium ConvictionSignal-backedSecondary

BP's share price initially fell around 5% on the day due to oil price declines but has since rallied, up approximately 32% year-to-date.

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