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LSE:MTLN.L 9 February 2026

Metlen share price rebounds in London after profit warning; investors brace for March 31 results

Metlen share price rebounds in London after profit warning; investors brace for March 31 results

Metlen Energy & Metals shares rose 4.8% in London Monday after plunging 20% Friday on a profit warning and fresh project overruns. The stock hit a 52-week low of 35.20 euros before rebounding to 37.50 euros. Metlen cut its 2025 EBITDA outlook by 25% after new cost overruns at its M Power Projects unit and delays in renewables asset sales. Market value stood at €5.36 billion by mid-morning.
9 February 2026
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Stock Market Today

  • Suncorp Shares Jump 10% on A$2.4bn Reinsurance Deal
    April 24, 2026, 5:30 AM EDT. Suncorp's stock surged 10% following the insurer's A$2.4 billion reinsurance placement, aiming to strengthen capital and maintain margin resilience. The move triggers a one-off capital release of around A$100 million, reflecting a slight reduction in its capital target. Under the Australian Prudential Regulation Authority's (APRA) LAGIC framework, general insurers must hold capital to cover a 1-in-200-year loss event, with reinsurance factored into this calculation. The placement is seen as a strategic effort to optimize capital while managing risk exposure efficiently.

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Oil Price Today: Brent Nears $107 as Hormuz Tensions Hit US and World Markets

Oil Price Today: Brent Nears $107 as Hormuz Tensions Hit US and World Markets

24 April 2026
Brent crude rose above $106 a barrel and WTI neared $97 on Friday as renewed military tension in the Strait of Hormuz drove oil toward weekly gains of over 15%. U.S. crude inventories increased by 1.9 million barrels, but gasoline and distillate stocks fell sharply. President Trump ordered U.S. forces to target Iranian boats after new confrontations in the strait. Talks between Washington and Tehran remain stalled.
Gold Price Faces a $4,700 Test as Oil Shock Revives Rate Fears

Gold Price Faces a $4,700 Test as Oil Shock Revives Rate Fears

24 April 2026
Spot gold slipped 0.2% to $4,685.23 an ounce Friday, heading for its first weekly drop in five weeks as surging oil prices and a stronger dollar pressured bullion. Brent crude traded above $106 after Iran released footage of commandos boarding a cargo ship in the Strait of Hormuz. Silver fell 1% to $74.64, platinum lost 1.4% to $1,977.47. Indian gold premiums hit a 10-week high on tighter supply.
US Stock Market Today: Nasdaq Futures Ride Intel Rally as Oil Shock Keeps Dow Under Pressure

US Stock Market Today: Nasdaq Futures Ride Intel Rally as Oil Shock Keeps Dow Under Pressure

24 April 2026
Nasdaq 100 futures rose 172 points early Friday, driven by Intel’s strong forecast, while Dow futures slipped 58 points as oil prices climbed above $105 a barrel amid ongoing tensions in the Strait of Hormuz. Intel shares jumped 19% after projecting second-quarter revenue above estimates. The S&P 500 software and services index fell 5.09% Thursday, its steepest drop since January. Consumer sentiment data is due at 10 a.m. ET.
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