Equity Technical Coverage: Banco Bradesco, Banco Santander, UBS AG, and HDFC
LONDON, December 31, 2013
LONDON, December 31, 2013 /PRNewswire/ --
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On Monday, December 30, 2013, the US equity market finished the day on a mixed
note. The S&P 500 closed the day 0.02% lower at 1,841.07; the Dow Jones
Industrial Average finished 0.16% higher at 16,504.29; and the NASDAQ
Composite ended 0.06% lower at 4,154.20. The S&P 500 Financials Sector Index
edged 0.13% lower to end the day at 293.54. The S&P 500 Diversified Banks Sub
Industry Index closed the day at 358.11, down 0.05%; while the same has gained
3.24% in the last one month and 10.40% in the previous three months,
outperforming the S&P 500, which has advanced 1.95% and 9.49%, during the
respective periods. The major movers in the industry included Banco Bradesco
S.A. (NYSE: BBD), Banco Santander S.A. (NYSE: SAN), UBS AG (NYSE: UBS), and
HDFC Bank Ltd (NYSE: HDB). AAAResearchReports.com initiated preliminary
technical research on BBD, SAN, UBS, and HDB. These free reports are
accessible by signing today at:
On Monday, shares in Banco Bradesco S.A. edged higher to end the day at
$12.36, up 0.16% from the previous day's closing price of $12.34. The
company's shares oscillated between $12.25 and $12.44 during the trading
session. A total of 4.18 million shares were traded, which is below the daily
average volume of 7.34 million. The company's shares have fallen by 6.86% in
the last one month and 10.95% in the previous three months, underperforming
the S&P 500, which has gained 1.95% and 9.49%, during the respective periods.
Furthermore, Banco Bradesco S.A.'s stock is trading below its 50-day and
200-day moving averages of $13.41 and $14.12, respectively. The free technical
analysis on BBD is available by signing up at:
Shares in Banco Santander S.A. edged higher 0.11% on Monday, closing the day
at $9.01. The company's shares vacillated between $8.98 and $9.05 during the
trading session. A total of 3.93 million shares were traded, which is below
the daily average volume of 5.89 million. The company's shares have gained
1.35% in the previous three trading sessions and 10.28% in the last three
months, outperforming the S&P 500, which has advanced 0.42% and 9.49%, during
the respective periods. Additionally, Banco Santander S.A.'s stock is trading
above its 50-day and 200-day moving averages of $8.77 and $7.66, respectively.
Register now to download free research on SAN at:
On Monday, UBS AG's stock ended the day at $19.13, which is 0.62% lower than
the previous day's closing price of $19.25. The company's shares fluctuated
between $18.98 and $19.16 during the trading session. A total of 1.45 million
shares were traded, which is below the daily average volume of 2.34 million.
Despite Monday's pullback, the company's shares have gained 1.06% in the
previous three trading sessions and 0.68% in the last one month, compared to a
gain of 0.42% and 1.95% 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 $19.03 and $18.53, respectively. A free report on UBS can be
accessed by registering at:
HDFC Bank Ltd's stock advanced on Monday, even as the broader market ended on
mixed note. The company's shares ended the day 1.16% higher at $34.78, after
trading between $34.37 and $34.90. A total of 0.37 million shares were traded,
which is below the daily average volume of 0.97 million. The company's shares
have gained 4.82% in the last one month and 13.00% in the previous three
months, outperforming the S&P 500, which has advanced 1.95% and 9.49%, during
the respective periods. Further, HDFC Bank Ltd's stock is trading above its
50-day moving average of $34.25. Register with AAA Research Reports and
download research on HDB for free at:
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