Early Morning Insight: Itau Unibanco, Sumitomo Mitsui Financial, Lloyds
Banking, and Credit Suisse
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LONDON, July 26, 2013
LONDON, July 26, 2013 /PRNewswire/ --
On Thursday, July 25, 2013, shares in foreign banks ended on a mixed note even
as the broader market edged higher. The major movers in the industry included
Itau Unibanco Holding S.A. (ADR) (NYSE: ITUB), Sumitomo Mitsui Financial Group
Inc. (ADR) (NYSE: SMFG), Lloyds Banking Group Plc (ADR) (NYSE: LYG), and
Credit Suisse Group AG (ADR) (NYSE: CS). All these companies are tracked by
AAAResearchReports.com. Download free technical analysis and charting reports
on ITUB, SMFG, LYG, and CS now at:
Shares in Itau Unibanco Holding S.A. edged higher on Thursday, tracking gains
in the broader market. The company's shares ended the day 0.54% higher at
$12.93 after oscillating between $12.72 and $12.98. A total of 7.46 million
shares were traded which is below the daily average volume of 14.41 million.
Despite Thursday's gains, Itau Unibanco Holding's shares are down 0.15% in the
last three trading sessions as compared to a loss of 0.31% in the S&P 500.
Download free research on ITUB today by registering at:
Sumitomo Mitsui Financial Group Inc.'s stock moved lower on Thursday,
extending its losses from previous trading sessions. The company's shares
fluctuated between $9.47 and $9.64 before closing the day 1.33% lower at
$9.61. A total of 1.26 million shares were traded which is above the daily
average volume of 1.15 million. The company's shares have fallen by 2.63% in
the last three trading sessions. Despite recent losses, the stock has advanced
8.71% in the last one month, thus outperforming the S&P 500 which has gained
6.44% in the same period. Moreover, the stock is trading near its 52-week high
of $9.97. Sign up and have access to our free report on SMFG at:
Shares in Lloyds Banking Group Plc edged higher on Thursday, finishing at
$4.27, up 0.71% from its previous closing price. The company's shares
oscillated between $4.22 and $4.27. A total of 1.51 million shares were traded
which is below the daily average volume of 2.07 million. Lloyds Banking
Group's shares are currently trading near their 52-week high of $4.30 and also
above their 50-day and 200-day moving averages. Sign up and read the
complimentary report on LYG at:
Credit Suisse Group AG's stock edged lower on Thursday even as the broader
market posted gains. The company's shares fluctuated between $29.34 and $29.70
before ending the session 1.30% lower at $29.68. A total of 1.59 million
shares were traded which is above the daily average volume of 1.13 million.
Credit Suisse Group's shares have fallen by 2.30% in the last three trading
sessions. Despite the recent pullback, the stock is currently trading near its
52-week high of $30.54. The free report on CS can be downloaded by signing up
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