Alstom: Shares Up Nearly 4% Following a Mega-Contract of €700M
The railway specialist's stock marks one of the strongest gains in the SBF 120 this Wednesday, bringing its weekly performance to nearly 6%. This rebound comes after the announcement of a major contract won in the Middle East, in a Parisian market that is itself on the rise.
Significant Increase in Alstom's Share Price
Alstom's share price stands at 25.21 euros during the session, up 3.92% from the previous closing at 24.26 euros. This upward movement directly echoes the announcement made on March 31, regarding the award of a systems contract in the AMECA region as part of a consortium. The overall project is valued at 2.75 billion dollars, with approximately 700 million euros going to the French group. This order significantly bolsters the railway manufacturer's order book at a crucial time, as the publication of the 2025/2026 annual results is scheduled for May 13. Alstom's rebound is part of a favorable sectorial dynamic this Wednesday: the CAC 40 is up 2.12% during the session, while the SBF 120 advances by 2.14%. Industrial comparables such as Schneider Electric (+4.36%) and Airbus (+3.36%) are also recording significant increases during the session.
Despite Today's Surge, the Stock's Chart Remains Mixed
Despite today's surge, the stock's chart remains mixed. The price is still significantly below its 50-day moving average, which is at 26.45 euros, indicating a medium-term downward trend. However, the 200-day moving average (23.08 euros) acts as a technical floor and has served as a rebound zone in recent weeks: the stock now shows an annual performance of +23.7%. The RSI, at 46, is in a neutral zone, neither overbought nor oversold, confirming the absence of a strong directional signal at this stage. The most relevant support threshold is at 23.02 euros, while the major resistance is established at 29.83 euros, a significant gap from the current price. The publication of the annual accounts in mid-May will be the next catalyst likely to decide between a continuation of the recovery and a return of selling pressure.
