07.10.2013 17:24:00

Pre-Market Analysis: Barclays PLC, Lloyds Banking Group PLC, Credit Suisse Group AG, and Royal Bank of Scotland Group PLC

LONDON, October 7, 2013 /PRNewswire/ --


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

On Friday, October 4, 2013, all three indexes of the US equity market ended higher. The S&P 500 ended the day at 1,690.50, up 0.71%; the Dow Jones Industrial Average closed at 15,072.58, up 0.51%; and the NASDAQ Composite finished at 3,807.75, up 0.89%. Shares in the foreign money center banks industry ended on a mixed note, even as the broader market advanced. The major movers in the industry included Barclays PLC (NYSE: BCS), Lloyds Banking Group PLC (NYSE: LYG), Credit Suisse Group AG (NYSE: CS), and Royal Bank of Scotland Group PLC (NYSE: RBS). All these companies are tracked by AAAResearchReports.com. Free technical research on BCS, LYG, CS, and RBS can be downloaded upon signing up at:

http://www.aaaresearchreports.com/register/  

Barclays PLC's stock edged lower on Friday, even as the broader market finished on a positive note.  The company's shares fluctuated between $17.35 and $17.52 before finishing the day at $17.48, down 0.79%. A total of 1.78 million shares were traded which is lower than its daily average volume of 2.39 million. Shares of the Company have gained 0.34% in the last three trading sessions, and 8.04% in the past three months, thus outperforming the S&P during the respective periods. Barclays PLC's shares are currently trading above their 50-day and 200-day moving averages of $16.89 and $17.02, respectively. Sign up for free technical analysis on BCS at:

http://www.AAAResearchReports.com/BCS071013.pdf

Lloyds Banking Group PLC's stock ended lower on Friday, even as the broader market posted gains. The company's shares fluctuated between $4.84 and $4.91 before finishing the day at $4.91,  down 0.20%. A total of 9.68 million shares were traded which is above the daily average volume of 3.04 million. Shares of the Company have gained 0.41% in the previous three trading sessions, and 25.90% in the past three months, thus outperforming the S&P which has lost 0.27% and has gained 3.59% during the respective periods. The company's shares are currently trading above its 50-day and 200-day moving averages of $4.69 and $3.75, respectively. Sign up for free technical analysis on LYG at:

http://www.AAAResearchReports.com/LYG071013.pdf

Credit Suisse Group AG's stock ended higher on Friday, tracking gains in the broader market. The company's shares fluctuated between $31.05 and $31.37 before finishing the day at $31.24, up 0.39%. A total of 0.34 million shares were traded which is lower than its daily average volume of 0.95 million. Shares of the Company have lost 0.22% in the last three trading sessions. So far in the last three months the stock has gained 14.18%, thus outperforming the S&P, which has gained 3.59% during the same period. The company's shares are currently trading above its 50-day and 200-day moving averages of $30.36 and $28.20, respectively. Sign up for free technical analysis on CS at:

http://www.AAAResearchReports.com/CS071013.pdf

Royal Bank of Scotland Group PLC's stock rose sharply on Friday, along with the broader market. The company's shares fluctuated between $11.90 and $12.07 before finishing the day at $12.03, up 1.69%. A total of 0.67 million shares were traded which is lower than its daily average volume of 1.14 million. Shares of the company have gained 0.67% in the last three sessions. So far in the last three months the stock has surged 44.24%, thus outperforming the S&P, which has advanced 3.59% during the same period. The company's shares are currently trading above its 50-day and 200-day moving averages of $10.85 and $10.06, respectively. Sign up for free technical analysis on RBS at:

http://www.AAAResearchReports.com/RBS071013.pdf

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    SOURCE AAA Research Reports

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