Kering Shares Mark the Highest Rise in the CAC 40 at €250.15
Kering shares climbed 2.84% to €250.15 by midday on Thursday, May 7, 2026, marking the strongest increase on the CAC 40. Despite this, the Parisian index fell by 0.11% to 8,290.02 points, and the SBF 120 dropped by 0.16%. The luxury group's stock continues its rebound sequence started the previous day, in a contrasting European market.
Kering Leads the CAC 40, Up for the Second Consecutive Session
The stock of the owner of Gucci claims the top spot in the CAC 40 rankings, ahead of Hermès (+2.36%), Legrand (+2.12%), Accor (+2.09%), and Renault (+2.05%). At the other end of the ranking, Capgemini drops 2.62%, Bouygues 2.30%, and Pernod Ricard 2.18%. Over seven days, Kering's stock has advanced 7.57%, following a rebound of 6.65% the previous day to €243.05. Over a year, the performance is up by +42.13%, but the stock has retreated by 3.06% over three months. The international context remains favorable for cyclical stocks: the Nikkei closed up 5.58%, the Hang Seng up 1.58%, and the Nasdaq shows a +2.02%. On the agenda, the general meeting on May 28, 2026, will be the next official appointment for shareholders, with two nominations for independent directors up for vote.
The Stock Fluctuates Between Its Moving Averages, Below the €280 Resistance
At €250.15, the stock is very close to its 20-day moving average (€249.43), which it has just reclaimed. However, it remains below its 50-day moving average at €255.11 and well under its 200-day moving average at €270.52, indicating that the underlying trend is still bearish. The RSI at 47 remains in the neutral zone, without marked buying pressure. The technical support is located at €227.25, already approached at the end of April when the stock fell to €231.30, while the major resistance is at €280. As a reminder, the publication of the first quarter 2026 revenue in mid-April had triggered a drop of more than 10% during the session, with Gucci reporting a further decline of 8% in comparable data, partially offset by a 22% increase in jewelry. Shareholders will meet again on May 28 for the general meeting.