Early Briefing and Review: JPMorgan Chase & Co., KeyCorp, Mitsubishi UFJ Financial Group, and First Republic Bank

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:

http://www.aaaresearchreports.com/register/  

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 at:

http://www.AAAResearchReports.com/JPM121713.pdf

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:

http://www.AAAResearchReports.com/KEY121713.pdf

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:

http://www.AAAResearchReports.com/MTU121713.pdf

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:

http://www.AAAResearchReports.com/FRC121713.pdf

EDITOR NOTES:

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 investing public.
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SOURCE AAA Research Reports

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