Stock Updates on Banking Bellwethers -- Research on HDFC Bank, Sumitomo Mitsui Financial, Grupo Financiero Santander Mexico, and Banco Bilbao Vizcaya Argentaria

LONDON, April 23, 2014 /PRNewswire/ --

On Tuesday, April 22, 2014, the NASDAQ Composite ended at 4,161.46, up 0.97%, the Dow Jones Industrial Average advanced 0.40% to 16,514.37, and the S&P 500 closed at 1,879.55, up 0.41%. The gains were broad based as eight out of 10 sectors ended the session in positive. The S&P 500 Financials Sector Index finished the day at 296.36, up 0.69%, while the same has declined 1.96% in the last one month. Investor-Edge has initiated coverage on the following equities: HDFC Bank Ltd (NYSE: HDB), Sumitomo Mitsui Financial Group Inc. (NYSE: SMFG), Grupo Financiero Santander Mexico S.A.B. de C.V. (NYSE: BSMX) and Banco Bilbao Vizcaya Argentaria S.A. (NYSE: BBVA). Free technical research on HDB, SMFG, BSMX and BBVA can be downloaded upon signing up at:

http://www.investor-edge.com/1557-register

HDFC Bank Ltd's stock declined 2.23% on Tuesday, closing at $39.85, after oscillating between $39.78 and $40.64. A total of 0.99 million shares were traded, which was below its three months average volume of 1.24 million shares. Over the last one month and previous three months, HDFC Bank Ltd's shares have surged 3.56% and 14.84%, respectively. Also, since the beginning of this year, the company's stock has advanced 15.71%. The company's stock is trading above its 50-day and 200-day moving averages. HDFC Bank Ltd's 50-day moving average of $37.33 is above its 200-day moving average of $34.34. Furthermore, the company's stock has a Relative Strength Index (RSI) of 60.69. Sign up today to read free research on HDB at:

http://www.investor-edge.com/1557-HDB-23Apr2014.pdf

Shares in Sumitomo Mitsui Financial Group Inc. witnessed a trading volume of 1.86 million shares on Tuesday, which was above its three months average volume of 1.44 million shares. The stock ended the day at $7.96, down 1.49%, after trading between $7.89 and $8.01. Over the last one month and since the start of this year, Sumitomo Mitsui Financial Group Inc.'s shares have lost 5.24% and 24.12%, respectively. The stock is trading below its 50-day and 200-day moving averages. Sumitomo Mitsui Financial Group Inc.'s 200-day moving average of $9.52 is above its 50-day moving average of $8.78. Additionally, the company's shares have an RSI of 36.25. Sign up today to read free research on SMFG at:

http://www.investor-edge.com/1557-SMFG-23Apr2014.pdf

On Tuesday, shares in Grupo Financiero Santander Mexico S.A.B. de C.V. gained 0.51% finishing the session at $11.88. The stock recorded a trading volume of 0.77 million shares which was much below its three months average volume of 2.32 million shares. The stock fluctuated between $11.75 and $11.93 during the session. Over the past three trading sessions and last one month, shares in Grupo Financiero Santander Mexico S.A.B. de C.V. have gained 1.45% and 3.57%, respectively. However, since the beginning of this year, the company's stock has fallen by 12.90%. The company's 200-day moving average of $13.16 is above its 50-day moving average of $11.30. Moreover, the company's shares have an RSI of 53.28. Sign up today to read free research on BSMX at:

http://www.investor-edge.com/1557-BSMX-23Apr2014.pdf

Shares in Banco Bilbao Vizcaya Argentaria S.A. recorded a trading volume of 0.86 million shares, as compared with its three months average volume of 1.84 million shares. The stock ended Tuesday's session at $12.38, up 0.90%, after registering an intraday trading range of $12.34 and $12.46. Over the past three trading sessions and last one month, shares in Banco Bilbao Vizcaya Argentaria S.A. have advanced 0.32% and 3.77%, respectively. However, the stock has gone-down by 0.08% since the start of this year. The stock is trading above its 50-day and 200-day moving averages. Banco Bilbao Vizcaya Argentaria S.A.'s 50-day moving average of $12.28 is above its 200-day moving average of $11.35. Moreover, the company's shares have an RSI of 49.61. Sign up today to read free research on BBVA at:

http://www.investor-edge.com/1557-BBVA-23Apr2014.pdf


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