Last updated on April 24, 2014 at 1:21 EDT

Today’s Research: Itau Unibanco, Sumitomo Mitsui Financial, Lloyds Banking, Barclays, and Credit Suisse

June 21, 2013

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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


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:


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:


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:


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


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:




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SOURCE AAA Research Reports

Source: PR Newswire