Among the steepest declines on the SBF 120, Mersen stock drops nearly 2%
The carbon materials specialist pauses after a remarkable bullish streak. The pullback occurs in a Paris market slightly oriented downward, near a technical level that the security has been observing for several weeks.
The decline brings the stock back below its resistance after a month up 12%
The Mersen stock falls 1.89% to €42.50, versus €43.32 at the previous close, and ranks among the steepest declines on the SBF 120, which retreats 0.34% during the session. This pullback follows a gain of 12.61% over one month and 65.05% over one year: the security maintains a comfortable lead over its moving averages, at nearly 7% above the 20-day MA and over 28% above the 200-day MA. The previous day's level of €43.32 corresponds to the resistance threshold identified in the data; the price thus slips slightly below it, after having broken through the €42 resistance on October 2. The RSI at 68 signals a configuration close to overbought, which explains the short breath of the session without fully accounting for it.
A Paris market constrained by elevated French bond yields
The session context weighs on domestic equities: the 10-year OAT stands at 4.72% according to the latest Bank of France reading from October 6, 1.27 points above the Bund, and the CAC 40 loses 0.38% mid-morning. The 2027 budget proposal targets a public deficit of 5% of GDP, while the State deficit reached €159.6 billion at the end of August. On the company side, the latest figures date back to H1 2026, released on August 3: associated data set guidance of €1,260 million in revenue and €204.8 million in EBITDA for the following fiscal year. The next technical reference remains the resistance at €43.32, which the security has just broken through to the downside.