LONDON, January 16, 2014 /PRNewswire/ --
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On Wednesday January 15, 2014, the U.S. equity market finished the day on a higher note as the S&P 500 ended the day at 1,848.38, up 0.52%; the Dow Jones Industrial Average closed at 16,481.94, up 0.66%; and the NASDAQ Composite finished at 4,214.88, up 0.76%. The S&P 500 Financials Sector gained 1.19% to end the day at 298.51. The S&P 500 Real Estate Investment Trusts REITS Industry Index has closed at 153.86, up 0.50%; and the same has gained 0.35% in the previous three trading sessions and 4.62% in the last one month, outperforming the S&P 500, which has advanced 0.33% and 4.12% during the respective periods. The major movers in the industry included CBL & Associates Properties Inc. (NYSE: CBL), Hersha Hospitality Trust (NYSE: HT), Mack-Cali Realty Corporation (NYSE: CLI), and Redwood Trust Inc. (NYSE: RWT). AAAResearchReports.com has completed their technical analysis on CBL, HT, CLI, and RWT and these free reports are accessible by registering at:
Shares in CBL & Associates Properties Inc. ended the day at $18.01, down 0.50% from the previous day's closing price of $18.10. The company's shares oscillated between $17.99 and $18.25 during the trading session. A total of 3.95 million shares were traded, which is above the daily average volume of 1.36 million. Despite Wednesday's pullback, the company's shares have gained 0.61% in the previous three trading sessions and 1.52% in the last one month, compared to a gain of 0.33% and 4.12% in the S&P 500 during the respective periods. Additionally, CBL & Associates Properties Inc.'s stock is trading below its 50-day and 200-day moving averages of $18.24 and $21.04, respectively. Sign up for free technical research on CBL at:
On Wednesday, Hersha Hospitality Trust's stock ended the day 0.36% lower at $5.61 even as the broader market edged higher. The company shares fluctuated between $5.61 and $5.70 during the trading session. A total of 0.82 million shares were traded, which is below the daily average volume of 1.34 million. Despite Wednesday's losses, the company's shares have advanced 1.81% in the previous three trading sessions and 2.75% in the last one month, compared to a gain of 0.33% and 4.12% in the S&P 500 during the respective periods. Further, Hersha Hospitality Trust's stock is trading above its 50-day moving average of $5.60. Be sure to read our latest technical research on HT by registering at:
Shares in Mack-Cali Realty Corp. traded between $20.18 and $20.46 before ending Wednesday's session 0.05% lower at $20.31. A total of 0.72 million shares were traded, which is below the daily average volume of 0.94 million. The company's shares have fallen by 4.15% in the last one month and 6.45% in the previous three months, underperforming the S&P 500, which has gained 4.12% and 8.85% during the respective periods. Moreover, Mack-Cali Realty Corp.'s stock is trading below its 50-day and 200-day moving averages of $20.70 and $23.40, respectively. Sign up and read the complimentary report on CLI at:
On Wednesday, Redwood Trust Inc.'s stock closed the day at $18.77, which is 0.59% higher than the previous day's closing price of $18.66. The company's shares vacillated between $18.65 and $18.89 during the trading session. A total of 0.40 million shares were traded, which is below the daily average volume of 0.76 million. The company's shares have advanced 2.18% in the last one month and 5.63% in the previous three months, underperforming the S&P 500, which has gained 4.12% and 8.85% during the respective periods. Furthermore, Redwood Trust Inc.'s stock is trading above its 50-day moving average of $18.76. The free report on RWT can be downloaded by signing up now at:
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SOURCE AAA Research Reports