Technical Study: Banco Santander S.A., UBS AG, Banco Bradesco S.A., and HDFC
LONDON, September 19, 2013
LONDON, September 19, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
On Wednesday, September 18, 2013, all three indexes of the US equity market
posted significant gains. The Dow Jones Industrial Average ended the day at
15,676.94, up 0.95%; the S&P 500 closed at 1,725.52, up 1.22%; and the NASDAQ
Composite finished at 3,783.64, up 1.01%. Shares in the financial banking
sector rose sharply as the broader market closed higher. The major movers
included Banco Santander S.A. (NYSE: SAN), UBS AG (NYSE: UBS), Banco Bradesco
S.A. (NYSE: BBD), and HDFC Bank Ltd. (NYSE: HBD). AAAResearchReports.com free
coverage on SAN, UBS, BBD, and HDB is available upon registration at:
Shares in Banco Santander S.A. rallied on Wednesday, extending the gains from
the previous trading session. The company's shares vacillated between $7.80
and $8.15 before finishing the day 5.57% higher at $8.15. A total of 12.15
million shares were traded, which is above the daily average volume of 6.61
million. Banco Santander S.A.'s shares have gained 6.40% in the last three
trading sessions and rallied 14.63% in the previous three months,
outperforming the S&P 500 which has gained 2.22% and 4.46% during the
respective periods. Furthermore, the company's stock is trading near its
52-week high of $8.86 as well as above its 50-day and 200-day moving averages
of $7.24 and $7.42, respectively. Download free technical research on SAN by
signing up at:
UBS AG's stock rose sharply on Wednesday, hitting a new 52-week high of
$21.49. The company's shares finished the day at $21.45, up 1.27% from the
previous day's closing price of $21.18. The company's shares vacillated
between $20.77 and $21.49 during the trading session. A total of 2.63 million
shares were traded, which is above the daily average volume of 1.78 million.
The company's stock has gained 3.52% in the previous one month and surged
18.71% in the last three months, compared to a gain of 4.21% and 4.46% in the
S&P 500 during the respective periods. Moreover, UBS AG's stock is trading
above its 50-day and 200-day moving averages of $19.70 and $17.39,
respectively. Register now and get access to free analysis on UBS at:
Shares in Banco Bradesco S.A. rallied on Wednesday, tracking gains in the
broader market. The company's shares oscillated between $13.43 and $14.45
before ending the day at $14.37, which is 7.48% higher than the previous day's
price of $13.37. A total of 10.73 million shares were traded, which is
abovethe daily average volume of 10.10 million. The company's stock has
rallied 19.75% in the previous one month and 9.19% in the previous three
trading sessions, outperforming the S&P 500 which has gained 4.21% and 2.21%
during the respective periods. Additionally, BancoBradesco S.A.'s stock is
trading above its 50-day moving average of $12.36. Sign up and read our
complimentary report on BBD at:
On Wednesday, shares in HDFC Bank Ltd. rallied 6.83%, extending the gains from
the previous trading session. The company's shares ended the day at $34.59
after vacillating between$32.34 and $34.64 during the trading session. A
total of 1.17 million shares were traded, which is above the daily average
volume of 0.99 million. The company's stock has gained 8.36% in the previous
three trading sessions and 13.08% in the last one month, outperforming the S&P
500 which has advanced 2.22% and 4.21% during the respective periods.
Moreover, HDFC Bank Ltd.'s stock is trading above its 50-day moving average of
$32.62. The free report on HDB can be downloaded by signing up now at:
1.This is not company news. We are an independent source and our views do
not reflect the companies mentioned.
2.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.
3.This information is submitted as a net-positive to companies mentioned, to
increase awareness for mentioned companies to our subscriber base and the
4.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
5.For any urgent concerns or inquiries, please contact us at
6.Are you a public company? Would you like to see similar coverage on your
company? Send us a full investors' package to
research@EquityNewsNetwork.com 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
SOURCE AAA Research Reports
Contact: Media Contact: Peter F. Jones, +1-(646)-396-9126,
Press spacebar to pause and continue. Press esc to stop.