Daily Trading Update: Digital Realty Trust, CommonWealth REIT, Piedmont Office Realty Trust, and Highwoods Properties
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LONDON, December 12, 2013 /PRNewswire/ --
On Wednesday, December 11, 2013, the U.S. equity market declined. The S&P 500 ended the day at 1,782.22, down 1.13%; the Dow Jones Industrial Average closed at 15,843.53, down 0.81%; and the NASDAQ Composite finished at 4,003.81, down 1.40%. The S&P 500 Financials Sector Index declined 1.45% to close the session at 283.66; and the S&P 500 Real Estate Investment Trusts REITS Industry Index closed 2.26% lower at $147.52. The S&P 500 Real Estate Investment Trusts REITS Industry Index has declined 1.62% in the previous three trading sessions, underperforming the S&P 500, which has lost 1.27% during the same period. The major movers in the industry included Digital Realty Trust Inc. (NYSE: DLR), CommonWealth REIT (NYSE: CWH), Piedmont Office Realty Trust Inc. (NYSE: PDM), and Highwoods Properties Inc. (NYSE: HIW). AAAResearchReports.com free coverage on DLR, CWH, PDM, and HIW is available upon registration at:
http://www.aaaresearchreports.com/register/
Digital Realty Trust Inc.'s stock declined 1.04% on Wednesday, tracking losses in the broader market. The company's shares ended the day at $45.48, after oscillating between $45.15 and $46.26 during the trading session. A total of 1.71 million shares were traded, which is below the daily average volume of 1.81 million. The company's shares have declined 1.15% in previous three trading sessions, compared to a loss of 1.27% in the S&P 500 during the same period. However, Digital Realty Trust Inc.'s stock is trading below its 50-day and 200-day moving averages of $50.41 and $59.08, respectively. Download free technical research on DLR by signing up at:
http://www.AAAResearchReports.com/DLR121213.pdf
On Wednesday, CommonWealth REIT's stock closed the day at $22.55, down 2.38% from the previous day's closing price of $23.10. The company's shares vacillated between $22.48 and $23.16 during the trading session. A total of 0.91 million shares were traded, which is below the daily average volume of 0.95 million. The company's shares have gained 0.04% in the previous one month, underperforming the S&P 500, which has advanced 0.58% during the same period. Further, CommonWealth REIT's stock is trading below its 50-day and 200-day moving averages of $23.88 and $23.00, respectively. Register now and get access to free analysis on CWH at:
http://www.AAAResearchReports.com/CWH121213.pdf
Shares in Piedmont Office Realty Trust Inc. finished Wednesday's session 2.48% lower at $16.11, after fluctuating between $16.10 and $16.52. A total of 1.20 million shares were traded, which is above the daily average volume of 1.03 million. The company's shares have declined 3.59% in the previous three trading sessions, underperforming the S&P 500, which has fallen by 1.27% during the same period. Furthermore, Piedmont Office Realty Trust Inc.'s stock is trading below its 50-day and 200-day moving averages of $17.54 and $18.49, respectively. Sign up and read our complimentary report on PDM at:
http://www.AAAResearchReports.com/PDM121213.pdf
Highwoods Properties Inc.'s stock plummeted on Wednesday, tracking losses in the US equity market. The company's shares finished the day at $35.12, down 2.96%, after oscillating between $35.07 and $36.30 during the trading session. A total of 0.64 million shares were traded, which is below the daily average volume of 0.66 million. The company's shares have fallen 0.57% in the previous three months, underperforming the S&P 500, which has advanced 5.51% during the same period. Additionally, Highwoods Properties Inc.'s stock is trading below its 50-day and 200-day moving averages of $36.64 and $36.99, respectively. The free report on HIW can be downloaded by signing up now at:
http://www.AAAResearchReports.com/HIW121213.pdf
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SOURCE AAA Research Reports
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