Saint-Gobain Shares Climb 2.5%, Among Top Three in the CAC 40
The construction materials manufacturer continues its rally and ranks among the top three of the CAC 40 this afternoon. The stock is now challenging a medium-term technical threshold, following several sessions of gains supported by sector rotation observed in the Paris market.
Saint-Gobain in the Top Trio of the CAC 40, Up Nearly 9% Over a Month
Saint-Gobain shares gain 2.71% to €82.00 in mid-afternoon, among the strongest rises in the CAC 40, trailing behind STMicroelectronics and Accor. The stock extends the momentum initiated last week, after breaking its resistance at €79.76 the day before. Over a month, the increase reaches nearly 9%, and 16.4% over three months, while the Paris index also rises by 0.69% during the session.
The background remains fueled by the execution of the strategic plan 'Lead & Grow'. The group has sold its Dahl activity in the Nordic countries to Kesko for €1.518 billion, a transaction announced on June 15, after having sold at the beginning of the month HKO, its high-temperature insulation branch, to a fund managed by Dubag, and having announced on June 15 the sale of its Dahl branch. These refocusing divestitures had already supported the rebound that began in mid-June.
The Stock Approaches Its 200-Day Moving Average, a Key Threshold at €82.42
Today's movement brings the price directly in contact with its 200-day moving average, located at €82.42. The stock is still very slightly below (a gap of -0.51%), while remaining significantly above its shorter averages: the MM20 at €77.17 and the MM50 at €77.08 are more than 6% away. The RSI at 58 remains in the neutral zone, with no overheating signal, and the MACD remains positive.
The next identified resistance is at €90.86. Over a year, the performance remains negative at -16.17%, which leaves the stock a margin to recover before erasing the decline that began at the end of 2025. The potential crossing of the MM200 will be the next technical marker to follow, while the group's financial communication calendar does not bring any immediate deadlines.