Morning Research: Associated Banc-Corp, FirstMerit Corp., Nomura Holdings Inc., and Bank of Montreal
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LONDON, October 25, 2013 /PRNewswire/ --
The U.S. equity market posted gains on Thursday, October 24, 2013. All three benchmark indexes edged higher, with the S&P 500, the Dow Jones Industrial Average, and the NASDAQ Composite gaining 0.33%, 0.62% and 0.56%, respectively. Shares in the financial sector ended mostly on a higher note, tracking gains in the broader market. The major movers in the sector included Associated Banc-Corporation (NASDAQ: ASBC), FirstMerit Corporation (NASDAQ: FMER), Nomura Holdings Inc. (NYSE: NMR), and Bank of Montreal (NYSE: BMO). AAAResearchReports.com has released full comprehensive research on ASBC, FMER, NMR, and BMO. These free technical analyses can be downloaded by signing up at:
http://www.aaaresearchreports.com/register/
Associated Banc-Corp.'s stock gained 0.24% on Thursday, extending the gains from the previous trading session. The company's shares closed the day at $16.48 after oscillating between $16.36 and $16.56 during the trading session. A total of 0.68 million shares were traded, which is below the daily average volume of 1.23 million. The company's shares have gained 7.15% in the previous one month, compared to a gain of 3.22% in the S&P 500 during the same period. Furthermore, Associated Banc-Corp.'s stock is trading above its 50-day and 200-day moving averages of $16.04 and $15.36, respectively. Download free report on ASBC upon registration at:
http://www.AAAResearchReports.com/ASBC102513.pdf
FirstMerit Corp.'s stock closed at $23.27, up 0.22%, after fluctuating between $22.98 and $23.37 during Thursday's trading session. A total of 0.98 million shares were traded, which is below the daily average volume of 1.15 million. The company's shares have advanced 9.61% in the previous one month, outperforming the S&P 500, which has gained 3.22% during the same period. Moreover, FirstMerit Corp.'s stock is trading near its 52-week high of $23.50 and also above its 50-day and 200-day moving averages of $21.94 and $18.81, respectively. FMER technical report can be accessed for free by signing up at:
http://www.AAAResearchReports.com/FMER102513.pdf
Nomura Holdings Inc.'s stock advanced on Thursday, tracking gains in the broader market. The company's shares closed the day 1.07% higher at $7.57, after oscillating between $7.50 and $7.60 during the trading session. A total of 0.10 million shares were traded, which is below the daily average volume of 0.44 million. Despite Thursday's gain, the company's shares have declined 1.30% in the previous three trading sessions, underperforming the S&P 500, which has gained 0.42% during the same period. Further, Nomura Holdings Inc.'s stock is trading above its 200-day moving average of $7.22. The free report on NMR can be downloaded by signing up now at:
http://www.AAAResearchReports.com/NMR102513.pdf
Bank of Montreal's shares closed the day at $69.55, down 0.14%, after oscillating between $69.31 and $69.97 during Thursday's trading session. A total of 0.22 million shares were traded, which is below the daily average volume of 0.38 million. The company's shares have gained 9.67% in the previous three months and 4.92% in the last one month, outperforming the S&P 500, which has advanced 3.92% and 3.22% during the respective periods. Furthermore, Bank of Montreal's stock is trading above its 50-day and 200-day moving averages of $65.40 and $62.49, respectively. A free report on BMO can be accessed by registering at:
http://www.AAAResearchReports.com/BMO102513.pdf
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SOURCE AAA Research Reports
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