Technical Briefing: Mobile Telesystems OJSC, Telefonica Brasil S.A., China Mobile Ltd, and SK Telecom Co. Ltd
Editor Note: For more information about this release, please scroll to bottom.
LONDON, September 12, 2013 /PRNewswire/ --
On Wednesday, September 11, 2013, the S&P 500 ended the day at 1,689.13, up 0.31%; the Dow Jones Industrial Average closed at 15,326.60, up 0.89%; while the NASDAQ Composite finished at 3,725.01, down 0.11%. Shares in the wireless communications industry mostly ended lower, even as the broader market closed on a mixed note The major movers in the sector included Mobile Telesystems OJSC (NYSE: MBT), Telefonica Brasil S.A. (NYSE: VIV), China Mobile Ltd. (NYSE: CHL), and SK Telecom Co. Ltd (NYSE: SKM). All these companies are tracked by AAAResearchReports.com. Free technical research reports on MBT, VIV, CHL, and SKM can be accessed by signing up at:
Shares in Mobile Telesystems OJSC edged higher by 0.65% on Wednesday, closing at $21.66 after oscillating between $21.21 and $21.67. A total of 1.46 million shares were traded, which is below the daily average volume of 1.80 million. The company's stock has surged 18.95% in the previous three months and 6.65% in the last month, outperforming the S&P 500 which has gained 3.87% and lost 0.14% during the respective periods. Further, Mobile Telesystems OJSC's stock is trading close to its 52-week high of $21.79 and above its 50-day and 200-day moving averages of $20.18 and $19.62, respectively. Download free report on MBT upon registration at:
Shares in Telefonica Brasil S.A. fluctuated between gains and losses before finishing the day nearly flat on Wednesday. The company's shares ended the day at $22.32, down 0.04%, after fluctuating between $22.02 and $22.43. A total of 1.45 million shares were traded, which is below the daily average volume of 1.62 million. The company's shares have gained 4.06% in the last three trading sessions and 2.43% in the last one month, compared to a gain of 2.05% and a loss of 0.14% in the S&P 500 during the respective periods. Further, Telefonica Brasil S.A.'s stock is trading above its 50-day moving average of $21.23. VIV technical report can be accessed for free by signing up at:
China Mobile Ltd's shares fell sharply on Wednesday, even as the broader market ended on a mixed note. The company's shares ended the day at $55.87, which is 2.67% lower than the previous day's price of $57.40. The company's shares fluctuated between $55.51 and $56.25 during the trading session. A total of 0.97 million shares were traded, which is above the daily average volume of 0.85 million. Despite the sharp decline on Wednesday, the company's shares have advanced 4.59% in the last one month and 10.15% in the last three months, outperforming the S&P 500 which has gained 2.05% and lost 0.14% during the respective periods. Moreover, China Mobile Ltd's stock is trading above its 50-day and 200-day moving averages of $53.41 and $54.26, respectively. A free report on CHL can be accessed by registering at:
Shares in SK Telecom Co. Ltd edged lower by 0.50% on Wednesday after fluctuating between $22.05 and $21.89. The company's shares closed the day at $22.04, which is close to its 52-week high of $22.48. A total of 0.87 million shares were traded, which is less than the daily average volume of 1.10 million. The company's shares have gained 4.75% in the last one month and 5.35% in the previous three months, outperforming the S&P 500 which has lost 0.14% and gained 2.05% during the respective periods. Further, the stock is currently trading above its 50-day and 200-day moving averages of $21.40 and $19.06, respectively. Register with AAA Research Reports and download research on SKM for free at:
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by an analyst. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco@EquityNewsNetwork.com.
- For any urgent concerns or inquiries, please contact us at compliance@EquityNewsNetwork.com.
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research@EquityNewsNetwork.com for consideration.
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
SOURCE AAA Research Reports
More by this Source
AAAResearchReports.com Technical Input: Darling Intl., Emerson Electric, Textron, and Colfax
Jan 16, 2014, 08:09 ET
Browse our custom packages or build your own to meet your unique communications needs.
Learn about PR Newswire services
Request more information about PR Newswire products and services or call us at (888) 776-0942.