Information Technology Sector Update: CA Technologies, United
Microelectronics, Methode Electronics, and China Unicom (Hong Kong)
LONDON, December 23, 2013
LONDON, December 23, 2013 /PRNewswire/ --
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On Friday, December 20, 2013, the U.S. equity market edged higher with the S&P
500 ending the day at1,818.32, up 0.48%; the Dow Jones Industrial Average
closing at 16,221.14, up 0.26%; and the NASDAQ Composite finishing
at4,104.74, up 1.15%. The S&P 500 Information Technology Sector Index ended
the day at 571.80, up 0.83%; and the same has gained 3.49% in the last one
month and 8.60% in the last three months, outperforming the S&P 500, which has
gained 0.75% and 6.84% during the respective periods.The major movers in the
Information Technology sector included CA Inc (NASDAQ: CA), United
Microelectronics Corporation (NYSE: UMC), Methode Electronics Inc. (NYSE:
MEI), and China Unicom Hong Kong Ltd (NYSE: CHU). All these companies are
tracked by AAAResearchReports.com. Free technical research on CA, UMC, MEI,
and CHU can be downloaded upon signing up at:
CA Technologies' stock edged 0.09% higher on Friday, closing the day at
$32.93, after oscillating between $32.53 and $33.19. A total of 5.96 million
shares were traded, which is above the daily average volume of 2.57 million.
The company's shares have advanced 1.39% in the previous three trading
sessions and 7.19% in the last three months, compared to a gain of 2.10% and
6.84% in the S&P 500 during the respective periods. Additionally, CA
Technologies' stock is trading near its 52-week high of $33.37 and above its
50-day and 200-day moving averages of $31.93 and $29.07, respectively. Sign up
today to read free research report on CA at:
On Friday, United Microelectronics Corp.'s stock ended the day at $1.95, down
1.52% from the previous day's closing price of $1.98. The company's shares
fluctuated between $1.95 and $2.01 during the trading session. A total of 2.94
million shares were traded, which is above the daily average volume of 1.13
million. The company's shares have fallen by 0.51% in the last one month,
underperforming the S&P 500, which has gained 0.75% during the same period.
Moreover, United Microelectronics Corp.'s stock is trading below its 50-day
and 200-day moving averages of $2.02 and $2.03, respectively. Register to
download free technical analysis on UMC at:
Shares in Methode Electronics Inc. advanced on Friday, finishing the day 1.61%
higher at $33.41, after trading between $33.02 and $33.89. A total of 0.58
million shares were traded, which is above the daily average volume of 0.49
million. The company's shares have advanced 23.24% in the last one month and
20.92% in the previous three months, outperforming the S&P 500, which has
advanced 0.75% and 6.84%, during the respective periods. Furthermore, Methode
Electronics Inc.'s stock is trading above its 50-day and 200-day moving
averages of $28.57 and $20.60, respectively. A free report on MEI can be
accessed by registering at:
On Friday, shares in China Unicom (Hong Kong) Ltd closed the day at $14.84,
which is 1.13% lower than the previous day's closing price of $15.01. The
company's vacillated between $14.75 and $14.94 during the trading session. A
total of 0.46 million shares were traded, which is below the daily average
volume of 0.51 million. The company's shares have fallen by 1.72% in the
previous three trading sessions, underperforming the S&P 500, which has gained
2.10% during the same period. However, China Unicom (Hong Kong) Ltd's stock is
trading above its 200-day moving average of $14.69. Register with AAA Research
Reports and download the research on CHU for free at:
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