LONDON, December 26, 2013 /PRNewswire/ --
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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:
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