Pre-Market Analysis: American Realty Capital Properties, CBRE Group, Brookfield Properties, and Cincinnati Financial
LONDON, July 8, 2013 /PRNewswire/ --
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The U.S. equity market surged on Friday, July 5, 2013, as better-than-expected June non-farm payroll data lifted market sentiment. The figures released by the Labor Department on Friday showed that the U.S. economy added 195,000 jobs in the month of June, beating economists' forecast of 165,000 jobs addition. Meanwhile, the unemployment rate remained unchanged at 7.60%. The S&P 500 rose 1.02% and the financial sector was among the best performers in the S&P 500. The major movers in the sector included American Realty Capital Properties Inc. (NASDAQ: ARCP), CBRE Group Inc. (NYSE: CBG), Brookfield Office Properties Inc. (USA) (NYSE: BPO), and Cincinnati Financial Corporation (NASDAQ: CINF). All these companies are tracked by AAAResearchReports.com. Free technical research on ARCP, CBG, BPO, and CINF can be downloaded upon sign up at:
http://www.aaaresearchreports.com/register/
Shares in American Realty Capital Properties Inc. moved lower on Friday, extending their losses from previous trading sessions. The company's shares ended the day 1.66% lower at $14.26 after oscillating between $14.13 and $14.69. A total of 2.57 million shares were traded which is below the daily average volume of 5.13 million. Though the stock has fallen 3.65% in the last three trading sessions, it continues to trade above its 200-day moving average. Sign up and read the complimentary report on ARCP at:
http://www.AAAResearchReports.com/ARCP070813.pdf
CBRE Group Inc.'s stock closed 0.39% higher on Friday, tracking gains in the broader market. The company's shares ended the day at $23.43 after oscillating between $23.08 and $23.65. A total of 1.78 million shares were traded which is below its daily average volume of 2.98 million. CBRE Group's shares are currently trading near their 52-week high of $25.69. In the last five trading sessions, the stock has gained 8.98%, but has fallen 3.26% in the last three months. The free report on CBG can be downloaded by signing up now at:
http://www.AAAResearchReports.com/CBG070813.pdf
Shares in Brookfield Office Properties Inc. fell sharply on Friday, even as the broader market posted gains. The company's shares fluctuated between $15.96 and $16.73 before finishing the day at $16.38, down 1.97%. A total of 982,598 shares were traded which is below the daily average volume of 1.13 million. In the last three months, the stock has fallen 3.87%. A free report on BPO can be accessed by registering at:
http://www.AAAResearchReports.com/BPO070813.pdf
Cincinnati Financial Corporation's stock moved higher on Friday, closing at $46.64, up 0.69% from its previous closing price. The company's shares oscillated between $46.28 and $46.74. A total of 730,028 shares were traded which is slightly below the daily average volume of 773,470. Though the stock has fallen 1.52% in the last three months, it is still trading above its 200-day moving average. Register with AAA Research Reports and download research on CINF for free at:
http://www.AAAResearchReports.com/CINF070813.pdf
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SOURCE AAA Research Reports
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