Equity Technical Coverage: Banco Bradesco, Banco Santander, UBS AG, and HDFC Bank
LONDON, December 31, 2013 /PRNewswire/ --
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On Monday, December 30, 2013, the US equity market finished the day on a mixed note. The S&P 500 closed the day 0.02% lower at 1,841.07; the Dow Jones Industrial Average finished 0.16% higher at 16,504.29; and the NASDAQ Composite ended 0.06% lower at 4,154.20. The S&P 500 Financials Sector Index edged 0.13% lower to end the day at 293.54. The S&P 500 Diversified Banks Sub Industry Index closed the day at 358.11, down 0.05%; while the same has gained 3.24% in the last one month and 10.40% in the previous three months, outperforming the S&P 500, which has advanced 1.95% and 9.49%, during the respective periods. The major movers in the industry included Banco Bradesco S.A. (NYSE: BBD), Banco Santander S.A. (NYSE: SAN), UBS AG (NYSE: UBS), and HDFC Bank Ltd (NYSE: HDB). AAAResearchReports.com initiated preliminary technical research on BBD, SAN, UBS, and HDB. These free reports are accessible by signing today at:
On Monday, shares in Banco Bradesco S.A. edged higher to end the day at $12.36, up 0.16% from the previous day's closing price of $12.34. The company's shares oscillated between $12.25 and $12.44 during the trading session. A total of 4.18 million shares were traded, which is below the daily average volume of 7.34 million. The company's shares have fallen by 6.86% in the last one month and 10.95% in the previous three months, underperforming the S&P 500, which has gained 1.95% and 9.49%, during the respective periods. Furthermore, Banco Bradesco S.A.'s stock is trading below its 50-day and 200-day moving averages of $13.41 and $14.12, respectively. The free technical analysis on BBD is available by signing up at:
Shares in Banco Santander S.A. edged higher 0.11% on Monday, closing the day at $9.01. The company's shares vacillated between $8.98 and $9.05 during the trading session. A total of 3.93 million shares were traded, which is below the daily average volume of 5.89 million. The company's shares have gained 1.35% in the previous three trading sessions and 10.28% in the last three months, outperforming the S&P 500, which has advanced 0.42% and 9.49%, during the respective periods. Additionally, Banco Santander S.A.'s stock is trading above its 50-day and 200-day moving averages of $8.77 and $7.66, respectively. Register now to download free research on SAN at:
On Monday, UBS AG's stock ended the day at $19.13, which is 0.62% lower than the previous day's closing price of $19.25. The company's shares fluctuated between $18.98 and $19.16 during the trading session. A total of 1.45 million shares were traded, which is below the daily average volume of 2.34 million. Despite Monday's pullback, the company's shares have gained 1.06% in the previous three trading sessions and 0.68% in the last one month, compared to a gain of 0.42% and 1.95% in the S&P 500 during the respective periods. Moreover, UBS AG's stock is trading above its 50-day and 200-day moving averages of $19.03 and $18.53, respectively. A free report on UBS can be accessed by registering at:
HDFC Bank Ltd's stock advanced on Monday, even as the broader market ended on mixed note. The company's shares ended the day 1.16% higher at $34.78, after trading between $34.37 and $34.90. A total of 0.37 million shares were traded, which is below the daily average volume of 0.97 million. The company's shares have gained 4.82% in the last one month and 13.00% in the previous three months, outperforming the S&P 500, which has advanced 1.95% and 9.49%, during the respective periods. Further, HDFC Bank Ltd's stock is trading above its 50-day moving average of $34.25. Register with AAA Research Reports and download research on HDB for free at:
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