Amundi Shares Surge 6.65% After Record Quarterly Collection of €32 Billion
The asset manager's share price stands at €81.00 in late afternoon trading, following its first quarter financial report released earlier in the day. The 6.65% increase from the previous day's close brings the price to the brink of the technical resistance identified at €81.40. This movement contrasts with a CAC 40 that is down by 0.32% during the session, at 8,077.94 points.
A Quarterly Report that Reshuffles the Deck
Amundi announced this Wednesday a net collection of €32 billion over the first three months of 2026, its highest level in over four years. The adjusted net income reached €349 million, up 15% year-on-year, and earnings per share were €1.69. All customer segments and asset classes contributed to the collection. However, total assets under management grew only by 0.8% for the quarter, as negative market and exchange rate effects of €13.6 billion tempered the commercial momentum. The financial calendar schedules the general meeting for June 2, followed by the dividend payment on June 11.
Share Price Challenges Resistance at €81.40
The day's surge pushes the share price above the upper limit of the Bollinger Bands, set at €79.79. This technically signals an overbought zone. The price is now very close to the resistance at €81.40, a level that has not been surpassed in recent sessions. The 50-day moving average, at €75.97, is significantly exceeded, as is the 200-day moving average at €70.17. Over three months, the performance stands at 8.51%, and at 16.55% over one year. The RSI at 52 remains in neutral territory, despite the day's rise.
