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Early Briefing and Review: Mobile Telesystems OJSC, Telefonica Brasil S.A., SK Telecom Co. Ltd, and China Mobile Ltd

LONDON, October 15, 2013 /PRNewswire/ --

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

 

On Monday, October 14, 2013, all three benchmark indexes of the US equity market closed higher with the S&P 500, the Dow Jones Industrial Average, and the NASDAQ Composite rising 0.41%, 0.42%, and 0.62%, respectively. Shares in the wireless communications industry mostly ended on a lower note, even as the broader market advanced. The major movers included Mobile Telesystems OJSC (NYSE: MBT), Telefonica Brasil S.A. (NYSE: VIV), SK Telecom Company Ltd (NYSE: SKM), and China Mobile Ltd (NYSE: CHL). AAAResearchReports.com.com has released free charting and technical research on these aforementioned companies. Register to read these reports at:

http://www.AAAResearchReports.com.com/register/    

Mobile Telesystems OJSC's stock edged higher on Monday, extending the gains from the previous trading session. The company's shares ended the day 0.69% higher at $23.33, after vacillating between $22.95 and $23.40. A total of 0.99 million shares were traded, which is below the daily average volume of 1.66 million. The company's shares have gained 7.81% in the last one month and 16.24% in the previous three months, outperforming the S&P 500 which has advanced 1.31% and 1.78% during the respective periods. Furthermore, Mobile Telesystems OJSC's stock is trading near its 52-week high of $23.50 and above its 50-day and 200-day moving averages of $21.49 and $20.15, respectively. Sign up for free report on MBT at:

http://www.AAAResearchReports.com.com/MBT101513.pdf  

Shares in Telefonica Brasil S.A. edged lower on Monday, reversing most of the gains from the previous trading session. The company's shares traded between $22.15 and $22.53 before finishing the day 1.63% lower at $22.31. A total of 1.44 million shares were traded, which is below the daily average volume of 1.60 million. Despite Monday's decline, the company's shares have gained 2.57% in the previous three trading sessions and 6.80% in the last three months, compared to a gain of 3.24% and 1.78% in the S&P 500 during the respective periods. Moreover, Telefonica Brasil S.A.'s stock is trading above its 50-day moving average of $21.54. VIV free technical report can be accessed by signing up at:

http://www.AAAResearchReports.com.com/VIV101513.pdf  

On Monday, SK Telecom Co. Ltd's stock edged marginally lower to close at $23.76, down 0.08% from the previous day's closing price of $23.78. The company's shares oscillated between $23.57 and $23.82 during the trading session. A total of 0.55 million shares were traded, which is below the daily average volume of 0.82 million. Despite Monday's losses, the company's shares are up 5.60% in the last one month and 8.89% in the previous three months, outperforming the S&P 500, which has advanced 1.31% and 1.78% during the respective periods. Additionally, SK Telecom Co. Ltd's stock is trading near its 52-week high of $24.26 and above its 50-day and 200-day moving averages of $22.05 and $19.86, respectively. A free report on SKM can be accessed by registering at:

http://www.AAAResearchReports.com.com/SKM101513.pdf  

China Mobile Ltd's stock fell by 0.20% on Monday, even as the broader market ended higher. The company's shares closed the day at $55.14, after oscillating between $54.70 and $55.30. A total of 0.40 million shares were traded, which is below the daily average volume of 0.76 million. Despite Monday's pullback, the company's shares have advanced 1.62% in the previous three trading sessions and 5.43% in the last three months, compared to a gain of 3.24% and 1.78% in the S&P 500 during the respective periods. Further, China Mobile Ltd's stock is trading above its 50-day and 200-day moving averages of $55.01 and $54.12, respectively. Register with AAAResearchReports.com.com and download research on CHL for free at:

http://www.AAAResearchReports.com.com/CHL101513.pdf  

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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 Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
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