Financial Sector Insight -- Research on Popular, First BanCorp., East West Bancorp, and HDFC Bank

LONDON, March 26, 2014 /PRNewswire/ --

On Tuesday, March 25, 2014, the NASDAQ Composite ended at 4,234.27, up 0.19%, the Dow Jones Industrial Average advanced 0.56% to 16,367.88, and the S&P 500 closed at 1,865.62, up 0.44%. The gains were broad based as nine out of 10 sectors ended the session in positive. The S&P 500 Financial Sector Index finished the day at 301.64, up 0.01%, and the same has gained 4.25% in the last one month. Investor-Edge has initiated coverage on the following equities: Popular Inc. (NASDAQ: BPOP), First BanCorp. (NYSE: FBP), East West Bancorp Inc. (NASDAQ: EWBC), and HDFC Bank Ltd (NYSE: HDB). Free technical research on BPOP, FBP, EWBC, and HDB can be downloaded upon signing up at:

http://www.investor-edge.com/500-register


Popular Inc.'s stock gained 0.29% on Tuesday, closing at $31.50, after oscillating between $31.29 and $31.76. A total of 0.73 million shares were traded, which is below its three months average volume of 1.04 million. Popular Inc.'s shares have rallied 16.06% in the last one month, 9.41% in the previous three months and 9.64% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages. Popular Inc.'s 200-day moving average of $28.97 is above the 50-day moving average of $28.27. Furthermore, the stock is trading at a PE ratio of 5.43 and at a Relative Strength Index (RSI) of 69.78. Sign up today to read free research on BPOP at:

http://www.investor-edge.com/500-BPOP-26Mar2014.pdf


Shares in First BanCorp witnessed a trading of 0.47 million shares on Tuesday, as compared with a three months average volume of 1.03 million shares. The stock ended the day at $5.66, down 1.05% and at an intraday trading range of $5.63 and $5.80 during the session. Shares in First BanCorp have declined 7.21% in the previous three months and 8.56% on YTD basis, while the same has gained 13.20% in the last one month. The stock is trading above its 50-day moving average. First BanCorp's 200-day moving average of $6.12 is above the 50-day moving average of $5.21. Additionally, the company's shares are trading at an RSI of 60.74. Sign up today to read free research on FBP at:

http://www.investor-edge.com/500-FBP-26Mar2014.pdf


On Tuesday, shares in East West Bancorp Inc. declined 0.38% finishing the session at $37.16. The stock recorded a trading volume of 0.73 million shares which is above its three months average volume of $0.67 million. The stock fluctuated between $36.87 and $37.58 during the session. East West Bancorp Inc.'s shares have gained 8.02% in the last one month, 5.72% in the previous three months and 6.26% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. East West Bancorp Inc.'s 50-day moving average of $35.20 is above the 200-day moving average of $32.51. Moreover, the shares are trading at a PE ratio of 17.70 and at an RSI of 61.66. Sign up today to read free research on EWBC at:

http://www.investor-edge.com/500-EWBC-26Mar2014.pdf


HDFC Bank Ltd's stock recorded a trading volume of 1.77 million shares, as compared with a three months average volume of 1.10 million shares. The stock ended Tuesday's session at $39.58, up 1.41%, and at an intraday trading range of $39.15 and $39.79. Shares in HDFC Bank Ltd have surged 17.80% in the last one month, 14.39% in the previous three months and 14.92% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. HDFC Bank Ltd's 50-day moving average of $34.35 is above the 200-day moving average of $33.93. Further, the company's shares are trading at an RSI of 73.55. Sign up today to read free research on HDB at:

http://www.investor-edge.com/500-HDB-26Mar2014.pdf


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