VINCI Shares Drop 1.33% to €129.80 After Yesterday's Surge
VINCI shares fell by 1.33% to €129.80 in mid-afternoon trading, after a 3.68% jump the previous day. The concessions and construction group is moving in a CAC 40 that is down by 0.7%, affected by the prevailing caution on the Paris stock exchange. The stock is still up 1% for the week.
A Decline Aligned with the Construction Sector
Today's movement is part of a general decline among French construction and public works stocks. Eiffage is down 1.59% and Bouygues 1.65%, in a movement comparable to that of VINCI. The stock ranks 33rd out of 40 in the CAC 40, not among the index's steepest declines. The European economic context remains burdensome for the sector: the construction climate in France fell to -18 in April, with production down 3.5% year-on-year and order books at -33. As a reminder, the group published a record order book of 74.9 billion euros on April 24, despite a stable quarterly revenue of 16.3 billion.
Stock Price Caught Between Two Moving Averages
In terms of indicators, VINCI is trading between its 50-day moving average at €131.60, which acts as an immediate ceiling, and its 200-day moving average at €123.61, which is 4.8% below the current price. The RSI at 50 indicates a lack of directional tension. The stock remains distant from its support at €125.80, which was already approached in April, and even further from the resistance at €137.50. The Bollinger Bands frame the movement between €124.40 and €139.55. In corporate news, the group has secured multiple contracts in recent weeks, including a highway order worth 364 million euros in the Czech Republic and an electrification contract worth 192 million euros in Guinea. The next event on the calendar is the publication of the first half of 2026 results, expected on July 29.
