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SOURCE AAA Research Reports
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LONDON, December 27, 2013 /PRNewswire/ --
On Thursday, December 26, 2013, the U.S. equity market edged higher. The S&P 500 ended the day at 1,842.02, up 0.47%; the Dow Jones Industrial Average closed at 16,479.88, up 0.75%; and the NASDAQ Composite Index finished at 4,167.18, up 0.28%. The S&P 500 Telecommunication Services Sector Index edged higher, closing the day at 155.57, up 0.49%. The S&P 500 Wireless Telecommunication Services Industry Index edged 0.17% higher to close at 224.93; and the same has advanced 0.81% in the previous three trading sessions and 1.58% in the last three months, underperforming the S&P 500, which has gained 1.30% and 8.82%, during the respective periods. The major movers in the industry included Mobile Telesystems OJSC (NYSE: MBT), Telefonica Brasil S.A. (NYSE: VIV), SK Telecom Company Ltd (NYSE: SKM), and China Mobile Ltd (NYSE: CHL). All these companies are tracked by AAAResearchReports.com. Free technical research on MBT, VIV, SKM, and CHL can be downloaded upon signing up at:
On Thursday, shares in Mobile Telesystems OJSC advanced to end the day at $21.41, which is 0.85% higher than the previous day's closing price of $21.23. The company's shares vacillated between $21.21 and $21.43 during the trading session. A total of 0.97 million shares were traded, which is below the daily average volume of 1.96 million. The company's shares have gained 1.86% in the previous three trading sessions and 2.39% in the last one month, outperforming the S&P 500, which has advanced 1.30% and 2.19% during the respective periods. Additionally, Mobile Telesystems OJSC's stock is trading above its 200-day moving average of $20.68. Sign up and read the complimentary report on MBT at:
Shares in Telefonica Brasil S.A. edged 0.22% higher on Thursday, tracking gains in the broader market. The company's shares closed the day at $18.64, after oscillating between $18.52 and $18.74 during the trading session. A total of 0.59 million shares were traded, which is below the daily average volume of 1.54 million. The company's shares have gained 1.58% in the previous three trading sessions, outperforming the S&P 500, which has gained 1.30%, during the same periods. However, Telefonica Brasil S.A.'s stock is trading below its 50-day and 200-day moving averages of $20.05 and $22.77, respectively. The free report on VIV can be downloaded by signing up now at:
On Thursday, shares in SK Telecom Co. Ltd fell 0.79%, finishing the day at $24.96, after fluctuating between $24.87 and $25.00 during the trading session. A total of 0.68 million shares were traded, which is below the daily average volume of 1.20 million. Despite Thursday's pullback, the company's shares have gained 9.28% in the last one month and 12.13% in the previous three months, outperforming the S&P 500, which has advanced 2.19% and 8.82%, during the respective periods. Furthermore, SK Telecom Co. Ltd's stock is trading near its 52-week high of $25.16 and above its 50-day and 200-day moving averages of $23.94 and $21.54, respectively. A free report on SKM can be accessed by registering at:
China Mobile Ltd's stock edged lower on Thursday, to end the day at $52.50, down 0.19% from the previous day's closing price of $52.60. The company's shares vacillated between $52.20 and $52.82 during the trading session. A total of 0.90 million shares were traded, which is below the daily average volume of 0.96 million. Despite Thursday's losses, the company's shares have gained 1.69% in the previous three trading sessions, outperforming the S&P 500, which has advanced 1.30%, during the same period. Moreover, China Mobile Ltd's stock is trading below its 50-day and 200-day moving averages of $52.88 and $53.39, respectively. Register with AAA Research Reports and download research on CHL for free at:
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