LSE:SJP.L 11 February 2026

St. James’s Place share price sinks 9% as AI jitters hit wealth managers again

St James’s Place shares dropped about 9% to 1,318 pence in early London trading Wednesday, extending a two-day slide amid renewed fears over AI-driven disruption in financial services. The selloff follows similar moves in U.S. brokerage stocks after new AI tax tools were announced. Investors await the group’s Feb. 25 results for updates on client flows and cash returns.

11 February 2026

Artificial Intelligence·LSE:SJP.L·Stock Market

Melbana Energy (MAY.AX) Surges 28.57% Intraday on ASX Amid Sector Buzz
March 23, 2026, 10:38 PM EDT. Melbana Energy Limited (MAY.AX) spiked 28.57% intraday to A$0.009 on the ASX on 24 March 2026, with volume of 1.7 million shares. The small-cap Australian energy explorer, focused on projects in Cuba and Tassie Shoal, showed strength despite no new corporate announcements. The stock trades below its 200-day average, with a price-to-book ratio of 0.43, suggesting undervaluation against sector peers. Technical indicators signal increased volatility and mixed momentum. Analysts remain cautious, citing operational and geopolitical risks, but highlight potential catalysts including project updates and financing news. Investors face wide spreads and should watch for clearer corporate developments to gauge sustainable gains.