French banks slump; Nvidia lifts partners and peers

27. Aug 2026

(AWP Alliance News) - The following stocks are the leading risers and fallers in Europe's major stock indices on Thursday.

----------

CAC 40 winners

----------

STMicroelectronics NV, up 4.3% at EUR44.14, tracks Nvidia Corp higher

Renault SA, up 2.4% at EUR27.86

Legrand SA, up 1.6% at EUR139.55

----------

CAC 40 losers

----------

Eiffage SA, down 3.7% at EUR113.15, Concessions performance hurt by light vehicle motorway traffic

Pernod Ricard SA, down 3.2% at EUR65.46, tough outlook in US and China

Orange SA, down 2.0% at EUR15.44

----------

DAX 40 winners

----------

Siemens Energy AG, up 3.6% at EUR156.48

Infineon Technologies AG, up 2.9% at EUR56.77, Nvidia earnings support semiconductor stocks

Rheinmetall AG, up 2.2% at EUR1,164.20

----------

DAX 40 losers

----------

Qiagen NV, down 1.6% at EUR36.76

Henkel AG & Co KGaA, down 1.6% at EUR75.18

Deutsche Telekom AG, down 1.5% at EUR28.49, Kepler Cheuvreux cuts to 'hold' from 'buy'

----------

FTSE 100 winners

----------

Computacenter PLC, up 4.8% at 5,465p, is a partner of Nvidia

Polar Capital Technology Trust PLC, up 1.8% at 654.5p, Nvidia is largest holding

London Stock Exchange Group PLC, up 1.3% at 8,798p

----------

FTSE 100 losers

----------

Croda International PLC, down 3.0% at 3,361.5p, shares in this trio of worst performers all go ex-dividend

LondonMetric Property PLC, down 2.7% at 189.55p

Games Workshop Group PLC, down 2.5% at 18,335p

----------

MIB 40 winners

----------

STMicroelectronics, up 4.1% at EUR44.08

Prysmian Spa, up 3.2% at EUR125.55

Leonardo Spa, up 0.8% at EUR54.54

----------

MIB 40 losers

----------

Campari Spa, down 2.3% at EUR5.80, negative read-across from Pernod Ricard

Buzzi Spa, down 1.8% at EUR41.12

UniCredit Spa, down 1.6% at EUR84.78

----------

SMI 20 winners

----------

Partners Group Holding AG, up 0.9% at CHF743.20

ABB Ltd, up 0.8% at CHF80.28

Swiss Re AG, down 0.1% at CHF140.75

----------

SMI 20 losers

----------

Givaudan SA, down 3.3% at CHF3,255.50, Morgan Stanley cuts to 'underweight'

Kuehne & Nagel International AG, down 2.8% at CHF215.05

Nestle SA, down 1.9% at CHF78.55

----------

European stock movers in focus:

----------

STMicroelectronics, up 4.3% at EUR44.14 in Paris, 12-month range EUR18.20-EUR70.85. European chip stocks get a boost from strong Nvidia earnings. Nvidia gave a buoyant sales outlook and forecast continued soaring AI demand overnight, although it cautioned soaring memory costs will depress near-term margins. Nvidia expects to grow revenue by 70% in financial 2028, which runs to January of that year, according to Chief Financial Officer Colette Kress, in what she termed was a "supply constrained outlook." ASML Holding NV, Europe's largest firm by market capitalisation, rises 1.8% in Amsterdam. Away from chip stocks, London-listed Polar Capital Technology climbs. Nvidia represents 9.2% of its assets. Technology services provider Computacenter climbs as it is an Nvidia partner.

----------

Credit Agricole SA, down 4.0% at EUR18.22, 12-month range EUR15.29-EUR20.40. Shares in French banks tumble on Thursday amid elevated bond yields. Although rising yields could signal higher net interest income for banks, shares in lenders have been caught up in bond market strife, amid wider inflation concern and investor trepidation. France also faces government budget uncertainty. The yield on the 10-year French Obligations assimilables du Tresor, or OAT, sits above 4.10%, recently hitting levels last seen in 2008. Deutsche Bank analysts commented: "Tonight we'll see the first French presidential debate ahead of the April 2027 election. The gradual heating up of the pre-election campaign comes as a widening of French sovereign spreads over summer has left France with the highest 10yr yield among the large and medium-sized euro area economies. The French far-left candidate Jean-Luc Melenchon drew attention on Tuesday night as he revived the call to cancel French debt currently held by the Banque de France, though this idea has been dismissed by other politicians across France's political spectrum including RN's [Jordan] Bardella."

----------

Eiffage SA, down 3.7% at EUR113.15, 12-month range EUR103.05-EUR147.50. The construction company reports net income growth of 12% to EUR342 million for the first half of 2026, from EUR305 million. Revenue climbs 2.3% to EUR12.20 billion from EUR11.93 billion. However, revenue in the Concessions division falls 0.4%, hiy "by decline in light vehicle motorway traffic".

----------

Pernod Ricard, down 3.2% at EUR65.46, 12-month range EUR58.60-EUR107.45. It reports an annual profit decline and says it expects sales in the new year to be tempered by US and China weakness.

The Paris-based wine and spirits company expects "underlying trends" to pick-up in China, but for the medium-term, it notes "current softness" in the US will keep a lid on growth. The Absolut Vodka and Jameson whisky owner says net profit in the year to June 30 declined 26% to EUR1.24 billion from EUR1.67 billion the year prior, with net sales down 14% to EUR9.40 billion from EUR10.96 billion. For the new year, it expects a "broadly stable" organic net sales outcome, "in a contrasted and uncertain environment". "Inventory adjustments as from Q1" will hit trading in the US and China. However, it reports "underlying trends [are] expected to improve in China". For the period from financial 2027 to financial 2029, it projects organic net sales growth at the lower end of a 3% to 6% range, "noting the current softness in the US market".

----------

Prudential PLC, down 1.8% at 1,021.00p, 12-month range 910.20p-1,238.00p. The insurer focused on Asia says new business profit rose 9.8% to USD1.38 billion in the six months to June 30 from USD1.26 billion in the same period a year ago. Annual premium equivalent sales rose 4.2% to USD3.43 billion from USD3.29 billion, while adjusted pretax operating profit jumped 10% to USD1.81 billion from USD1.64 billion a year prior, it says. Prudential lifts its interim dividend by 15% to 8.88 cents per share from 7.71 cents. Shares in Prudential are down over 10% year-to-date. Caixin Global reported earlier this month that Chinese mainland tax authorities have started levying personal income tax on the returns of offshore insurance policies, closing a longstanding regulatory loophole, keeping a lid on Prudential shares.

----------

By Eric Cunha, Alliance News news editor

Comments and questions to newsroom [at] alliancenews.com