Early Briefing and Review: JPMorgan Chase & Co., KeyCorp, Mitsubishi UFJ
Financial Group, and First Republic Bank
LONDON, December 17, 2013
LONDON, December 17, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
On Monday, December 16, 2013, the U.S. equity market advanced. The S&P 500
ended the day at 1,786.54, up 0.63%; the Dow Jones Industrial Average closed
at 15,884.57, up 0.82%; and the NASDAQ Composite Index finished at 4,029.52,
up 0.71%. The S&P 500 Financials Sector Index closed the session at 285.57, up
0.55%; and the S&P 500 Commercial Banks Industry Index gained 0.74% to close
at 289.63. The S&P 500 Commercial Banks Industry Index has advanced 1.11% in
the previous three trading sessions and 1.45% in the last one month,
outperforming the S&P 500, which has gained 0.24% and has lost 0.65% during
the respective periods. Additionally, the S&P 500 Diversified Financial
Services Industry Index closed the session 0.30% higher at 63.34. The major
movers in the financial sector included JPMorgan Chase & Co.(NYSE:
JPM),KeyCorp.(NYSE: KEY),Mitsubishi UFJ Financial Group Inc.(NYSE: MTU),
and First Republic Bank (NYSE: FRC). AAAResearchReports.com has released free
charting and technical research on these aforementioned companies. Register to
read these reports at:
JPMorgan Chase & Co.'s stock edged 0.45% higher on Monday, tracking gains in
the broader market. The company's shares ended the day at $56.42, after
fluctuating between $56.33 and $56.94 during the trading session. A total of
17.51 million shares were traded, which is below the daily average volume of
19.98 million. The company's shares have gained 6.17% in the previous three
months and 2.82% in the last one month, outperforming the S&P 500, which has
gained 5.24% and has lost 0.65% during the respective periods. Moreover,
JPMorgan Chase & Co.'s stock is trading above its 50-day and 200-day moving
averages of $54.33 and $52.49, respectively. Sign up for free report on JPM
KeyCorp.'s stock posted gains on Monday, hitting a new 52-week high of $13.31.
The company's shares ended the day 1.76% higher at $13.27, after vacillating
between $13.08 and $13.31 during the trading session. A total of 8.30 million
shares were traded, which is below the daily average volume of 10.64 million.
The company's shares have advanced 10.12% in the previous three months and
3.27% in the last one month, compared to a gain of 5.24% and a loss of 0.65%
in the S&P 500 during the respective periods. Furthermore, KeyCorp.'s stock is
trading above its 50-day and 200-day moving averages of $12.58 and $11.37,
respectively. KEY free technical report can be accessed by signing up at:
Shares in Mitsubishi UFJ Financial Group Inc. finished the day at$6.19, up
0.49%, after oscillating between$6.14 and$6.22 during Monday's trading
session. A total of 0.89 million shares were traded, which is below the daily
average volume of 1.24 million. Despite Monday's gains, the company's shares
have declined 0.96% in the previous three trading sessions, underperforming
the S&P 500, which has gained 0.24% during the same period. Additionally,
Mitsubishi UFJ Financial Group Inc.'s stock is trading below its 50-day and
200-day moving averages of $6.42 and $6.35, respectively. A free report on MTU
can be accessed by registering at:
On Monday, First Republic Bank's stock closed the day at intra-day high of
$51.53, up 1.20% from the previous day's closing price of $50.92. The
company's shares vacillated between $50.52 and $51.53 during the trading
session. A total of 0.53 million shares were traded, which is below the daily
average volume of 0.84 million. The company's shares have gained 12.02% in the
previous three months and 4.29% in the last one month, outperforming the S&P
500, which has gained 5.24% and has lost 0.65% during the respective periods.
Moreover, First Republic Bank's stock is trading near its 52-week high of
$51.94 and also above its 50-day and 200-day moving averages of $49.86 and
$43.04, respectively. Register with AAA Research Reports and download research
on FRC for free 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 making 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: Contact Name: Peter F. Jones - Phone #: +1(646)396-9126, Email ID:
Press spacebar to pause and continue. Press esc to stop.