Quantcast
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

Editor Note: For more information about this release, please scroll to bottom.

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

—-

EDITOR NOTES:

        1) This is not company news. We are an independent source and our views do
          not reflect the companies mentioned.
        2) Information in this release is fact checked and produced on a best efforts
          basis and reviewed by a CFA. However, we are only human and are prone to make
          mistakes. If you notice any errors or omissions, please notify us below.
        3) This information is submitted as a net-positive to companies mentioned, to
          increase awareness for mentioned companies to our subscriber base and the investing
          public.
        4) If you wish to have your company covered in more detail by our team, or wish
          to learn more about our services, please contact us at
          pubco@EquityNewsNetwork.com.
        5) For any urgent concerns or inquiries, please contact us at
          compliance@EquityNewsNetwork.com.
        6) Are you a public company? Would you like to see similar coverage on your
          company? Send us a full investors' package to research@EquityNewsNetwork.com for
          consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document,
article or report is prepared and authored by Equity News Network. An outsourced research
services provider has, through Chartered Financial Analysts, only reviewed the information
provided by Equity News Network in this article or report according to the Procedures
outlined by Equity News Network. Equity News Network is not entitled to veto or interfere
in the application of such procedures by the outsourced provider to the articles,
documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the accuracy or
completeness or fitness for a purpose (investment or otherwise), of the information
provided in this document. This information is not to be construed as personal financial
advice. Readers are encouraged to consult their personal financial advisor before making
any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned at the
time of printing of this document or any error, mistake or shortcoming. No liability is
accepted by Equity News Network whatsoever for any direct, indirect or consequential loss
arising from the use of this document. Equity News Network expressly disclaims any
fiduciary responsibility or liability for any consequences, financial or otherwise arising
from any reliance placed on the information in this document. Equity News Network does not
(1) guarantee the accuracy, timeliness, completeness or correct sequencing of the
information, or (2) warrant any results from use of the information. The included
information is subject to change without notice.

SOURCE AAA Research Reports


Source: PR Newswire