Today's Research: Itau Unibanco, Sumitomo Mitsui Financial, Lloyds Banking, Barclays, and Credit Suisse
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LONDON, June 21, 2013 /PRNewswire/ --
On Thursday, June 20, 2013, shares in foreign, regional and money center banks ended mostly lower, tracking losses in the broader market which tumbled for a second successive day. The major movers included Itau Unibanco Holding S.A. (ADR) (NYSE: ITUB), Sumitomo Mitsui Financial Group Inc. (ADR) (NYSE: SMFG), Lloyds Banking Group Plc (ADR) (NYSE: LYG), Barclays Plc (ADR) (NYSE: BCS), and Credit Suisse Group AG (ADR) (NYSE: CS). AAAResearchReports.com have completed their technical analysis on ITUB, SMFG, LYG, BCS, and CS and these free reports are accessible by registering at
http://www.aaaresearchreports.com/register/
Shares in Itau Uninbanco Holding S.A. fell sharply on Thursday, extending their losses from previous trading sessions. The company's shares traded between $12.16 and $12.84 before finishing the day 2.53% lower at $12.73. A total of 30.60 million shares were exchanged, which is well above the daily average volume of 10.42 million. Moreover, Itau Uninbanco's shares have dropped over 7.10% in the last three market sessions. Sign up for free technical research on ITUB at:
http://www.AAAResearchReports.com/ITUB062113.pdf
Sumitomo Mitsui Financial Group Inc.'s stock moved lower on Thursday, tracking losses in the broader market. The company's shares traded between $8.53 and $8.75 before closing the day at $8.60, down 1.26%. The company's shares registered a volume of 2.07 million which is below their daily average volume of 2.39 million. Nevertheless, the company's shares are still up more than 0.20% in the last three trading sessions. Be sure to read our latest technical research on SMFG by registering at:
http://www.AAAResearchReports.com/SMFG062113.pdf
Shares in Lloyds Banking Group Plc experienced a decline yesterday, extending their losses from previous trading sessions. The company's shares traded between $3.73 and $3.85 before ending the day 1.58% lower at $3.74. A total of 2.24 million shares were traded, which is below the daily average volume of 2.35 million. Lloyds' shares have dropped by 2.60% in the last three sessions. However, despite the recent losses, the stock is still trading close to its 52-week high of $3.93. Sign up and read the complimentary report on LYG at:
http://www.AAAResearchReports.com/LYG062113.pdf
Barclays Plc's stock was one of the worst performers in the financial sector in Thursday's session. The company's shares hit an intraday low of $17.59 before closing the day at $17.66, down 4.23%. A total of 3.96 million shares exchanged hands, beating the daily average volume of 2.68 million. Shares of Barclays have decreased by 4.80% in the last three trading sessions. The stock has slipped below its 50-day moving average as a result of the recent losses. The free report on BCS can be downloaded by signing up now at:
http://www.AAAResearchReports.com/BCS062113.pdf
Shares in Credit Suisse Group AG tumbled yesterday, finishing at $27.11, down 3.97%. The company's shares traded between $26.97 and $27.44, and saw a total of 1.93 million trades which is above the daily average volume of 1.34 million. Further, the company's shares have fallen more than 5% in the last three trading sessions. A free report on CS can be accessed by registering at:
http://www.AAAResearchReports.com/CS062113.pdf
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SOURCE AAA Research Reports
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