LONDON, December 26, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
On Tuesday, December 24, 2013, the U.S. equity market finished on a positive note. The S&P 500 ended the day at 1,833.32, up 0.29%; the Dow Jones Industrial Average closed at 16,357.55, up 0.39%; and the NASDAQ Composite Index finished at 4,155.42, up 0.16%. The S&P 500 Financials Sector Index gained 0.18% to close the session at 293.68; and the S&P 500 Commercial Banks Industry Index gained 0.29% to finish at 298.37. Additionally, the S&P 500 Insurance Industry Group Index closed 0.45% higher at 287.96. The major movers in the financial sector included Royal Bank of Canada (NYSE: RY), East West Bancorp Inc. (NASDAQ: EWBC), Protective Life Corp. (NYSE: PL), and PartnerRe Ltd (NYSE: PRE). All these companies are tracked by AAAResearchReports.com. Free technical research on RY, EWBC, PL, and PRE can be downloaded upon signing up at:
Royal Bank of Canada's stock advanced on Tuesday, tracking gains in the broader market. The company's shares ended the day 0.39% higher at $66.96, after fluctuating between $66.61 and $67.13 during the trading session. A total of 0.20 million shares were traded, which is below the daily average volume of 0.50 million. The company's shares have advanced 1.21% in the previous three trading sessions, underperforming the S&P 500, which has gained 1.31% during the same period. However, Royal Bank of Canada's stock is trading above its 50-day and 200-day moving averages of $66.59 and $62.45, respectively. Sign up today to read free research report on RY at:
East West Bancorp Inc.'s stock gained 0.29% on Tuesday, hitting a new 52-week high of $35.32. The company's shares finished the day at $35.15, after vacillating between $34.88 and $35.32 during the trading session. A total of 0.18 million shares were traded, which is below the daily average volume of 0.82 million. The company's shares have gained 2.69% in the previous three trading sessions and 11.73% in the last three months, outperforming the S&P 500, which has gained 1.31% and 8.30% during the respective periods. Furthermore, East West Bancorp Inc.'s stock is trading above its 50-day and 200-day moving averages of $34.07 and $29.50, respectively. Register to download free technical analysis on EWBC at:
Protective Life Corp.'s stock hit a new 52-week high of $51.13 on Tuesday, ending the day at $51.05, up 0.47%. The company's stock oscillated between $50.58 and $51.13 during the trading session. A total of 0.09 million shares were traded, which is below the daily average volume of 0.33 million. The company's shares have gained 17.76% in the previous three months and 6.29% in the last one month, outperforming the S&P 500, which has advanced 8.30% and 1.71% during the respective periods. Moreover, Protective Life Corp.'s stock is trading above its 50-day and 200-day moving averages of $47.46 and $41.92, respectively. A free report on PL can be accessed by registering at:
PartnerRe Ltd's stock rose 1.63% on Tuesday, tracking gains in the US equity market. The company's shares closed the day at $102.37, after fluctuating between $100.60 and $102.55 during the trading session. A total of 0.57 million shares were traded, which is above the daily average volume of 0.47 million. PartnerRe Ltd's shares have gained 11.13% in the previous three months and 2.34% in the last three trading sessions, outperforming the S&P 500, which has gained 8.30% and 1.31% during the respective periods. Further, the company's stock is trading near its 52-week high of $103.33 and also above its 50-day and 200-day moving averages of $99.16 and $92.74, respectively. Register with AAA Research Reports and download the research on PRE 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 Ananya Ghosh, a CFA charterholder. 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 [email protected].
- For any urgent concerns or inquiries, please contact us at [email protected].
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] 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 represented by Ananya Ghosh, CFA, has 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.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE AAA Research Reports