News Feed Item

Technical Notes Covering Banking Equities -- Research on Banco Bilbao Vizcaya Argentaria, Sumitomo Mitsui Financial, Bancolombia, and Grupo Financiero Santander Mexico

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

LONDON, March 28, 2014 /PRNewswire/ --

On Thursday, March 27, 2014, the NASDAQ Composite ended at 4,151.23, down 0.54%, the Dow Jones Industrial Average fell 0.03% to 16,264.23, and the S&P 500 closed at 1,849.04, down 0.19%. The losses were broad based as seven out of 10 sectors ended the session in negative. The S&P 500 Financials Sector Index finished the day at 297.06, down 0.58%, while the same has gained 2.24% in the last one month. Investor-Edge has initiated coverage on the following equities: Banco Bilbao Vizcaya Argentaria S.A. (NYSE: BBVA), Sumitomo Mitsui Financial Group Inc. (NYSE: SMFG), Bancolombia S.A. (NYSE: CIB) and Grupo Financiero Santander Mexico S.A.B. de C.V. (NYSE: BSMX). Free technical research on BBVA, SMFG, CIB and BSMX can be downloaded upon signing up at:


Shares in Banco Bilbao Vizcaya Argentaria SA closed down 0.17%, at an intra-day low of $11.73. A total of 1.70 million shares were traded as compared with three months average volume of 1.89 million. The company's shares oscillated between $11.73 and $11.81 during the trading session. Shares in Banco Bilbao Vizcaya Argentaria SA have declined 5.48% in the last one month and 5.33% on YTD basis. The stock is trading above its 200-day moving average. Banco Bilbao Vizcaya Argentaria SA's 50-day moving average of $12.29 is above its 200-day moving average of $11.04. Furthermore, the stock has a Relative Strength Index (RSI) of 39.28. Sign up today to read free research on BBVA at:


Sumitomo Mitsui Financial Group Inc.'s stock witnessed a trading volume of 1.88 million shares on Thursday, which is above the three months average volume of 1.28 million shares. The stock ended the day at $8.16, down 1.45% after trading between $8.11 and $8.19. Shares in Sumitomo Mitsui Financial Group Inc. have fallen by 10.53% in the last one month and 22.21% on YTD basis. The stock is trading below its 50-day and 200-day moving averages. Sumitomo Mitsui Financial Group Inc.'s 200-day moving average of $9.56 is above its 50-day moving average of $9.26. Additionally, shares of the company are trading at an RSI of 27.47. Sign up today to read free research on SMFG at:


On Thursday, Bancolombia S.A.'s stock advanced 2.39%, finishing the session at $54.84. The stock recorded a trading volume of 0.61 million shares, which is above the three months average volume of 0.48 million. The company's shares fluctuated between $53.67 and $54.86 during the session. Shares in Bancolombia SA have rallied 11.17% in the last one month, 12.88% in the previous three months and 11.89% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. Bancolombia S.A.'s 200-day moving average of $53.27 is above its 50-day moving average of $48.58. Moreover, shares of the company have an RSI of 67.92. Sign up today to read free research on CIB at:


Shares in Grupo Financiero Santander Mexico S.A.B. de C.V. recorded a trading volume of 4.92 million shares, as compared with a three month average volume of 2.28 million shares. The stock ended Thursday's session at $11.99, up 6.39% after vacillating between $11.29 and $12.00. Shares in Grupo Financiero Santander Mexico S.A.B. de C.V. have surged 9.50% in the last one month, while the same has fallen by 11.84% in the previous three months and 12.10% on YTD basis. The stock is trading above its 50-day moving average. Grupo Financiero Santander Mexico S.A.B. de C.V.'s 200-day moving average of $13.35 is above its 50-day moving average of $11.33. Further, the company's shares have an RSI of 51.36. Sign up today to read free research on BSMX at:



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 Nidhi Vatsal, 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.

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 [at] http://www.investor-edge.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.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 [at] http://www.investor-edge.com for consideration.


Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-edge. An outsourced research services provider represented by Nidhi Vatsal, CFA, has only reviewed the information provided by Investor-edge in this article or report according to the Procedures outlined by Investor-edge. Investor-edge 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.


Investor-edge 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.


Investor-edge 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 Investor-edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-edge 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.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.


SOURCE Investor-Edge

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
DevOps theory promotes a culture of continuous improvement built on collaboration, empowerment, systems thinking, and feedback loops. But how do you collaborate effectively across the traditional silos? How can you make decisions without system-wide visibility? How can you see the whole system when it is spread across teams and locations? How do you close feedback loops across teams and activities delivering complex multi-tier, cloud, container, serverless, and/or API-based services?
Today every business relies on software to drive the innovation necessary for a competitive edge in the Application Economy. This is why collaboration between development and operations, or DevOps, has become IT’s number one priority. Whether you are in Dev or Ops, understanding how to implement a DevOps strategy can deliver faster development cycles, improved software quality, reduced deployment times and overall better experiences for your customers.
In the 21st century, security on the Internet has become one of the most important issues. We hear more and more about cyber-attacks on the websites of large corporations, banks and even small businesses. When online we’re concerned not only for our own safety but also our privacy. We have to know that hackers usually start their preparation by investigating the private information of admins – the habits, interests, visited websites and so on. On the other hand, our own security is in danger bec...
The Internet of Things (IoT), in all its myriad manifestations, has great potential. Much of that potential comes from the evolving data management and analytic (DMA) technologies and processes that allow us to gain insight from all of the IoT data that can be generated and gathered. This potential may never be met as those data sets are tied to specific industry verticals and single markets, with no clear way to use IoT data and sensor analytics to fulfill the hype being given the IoT today.
Enterprises have been using both Big Data and virtualization for years. Until recently, however, most enterprises have not combined the two. Big Data's demands for higher levels of performance, the ability to control quality-of-service (QoS), and the ability to adhere to SLAs have kept it on bare metal, apart from the modern data center cloud. With recent technology innovations, we've seen the advantages of bare metal erode to such a degree that the enhanced flexibility and reduced costs that cl...
Without lifecycle traceability and visibility across the tool chain, stakeholders from Planning-to-Ops have limited insight and answers to who, what, when, why and how across the DevOps lifecycle. This impacts the ability to deliver high quality software at the needed velocity to drive positive business outcomes. In his session at @DevOpsSummit 19th Cloud Expo, Eric Robertson, General Manager at CollabNet, will show how customers are able to achieve a level of transparency that enables everyon...
Donna Yasay, President of HomeGrid Forum, today discussed with a panel of technology peers how certification programs are at the forefront of interoperability, and the answer for vendors looking to keep up with today's growing industry for smart home innovation. "To ensure multi-vendor interoperability, accredited industry certification programs should be used for every product to provide credibility and quality assurance for retail and carrier based customers looking to add ever increasing num...
“Media Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. CloudBerry Backup is a leading cross-platform cloud backup and disaster recovery solution integrated with major public cloud services, such as Amazon Web Services, Microsoft Azure and Google Cloud Platform.
In the next forty months – just over three years – businesses will undergo extraordinary changes. The exponential growth of digitization and machine learning will see a step function change in how businesses create value, satisfy customers, and outperform their competition. In the next forty months companies will take the actions that will see them get to the next level of the game called Capitalism. Or they won’t – game over. The winners of today and tomorrow think differently, follow different...
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, will discuss how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team a...
@DevOpsSummit has been named the ‘Top DevOps Influencer' by iTrend. iTrend processes millions of conversations, tweets, interactions, news articles, press releases, blog posts - and extract meaning form them and analyzes mobile and desktop software platforms used to communicate, various metadata (such as geo location), and automation tools. In overall placement, @DevOpsSummit ranked as the number one ‘DevOps Influencer' followed by @CloudExpo at third, and @MicroservicesE at 24th.
The security needs of IoT environments require a strong, proven approach to maintain security, trust and privacy in their ecosystem. Assurance and protection of device identity, secure data encryption and authentication are the key security challenges organizations are trying to address when integrating IoT devices. This holds true for IoT applications in a wide range of industries, for example, healthcare, consumer devices, and manufacturing. In his session at @ThingsExpo, Lancen LaChance, vic...
Regulatory requirements exist to promote the controlled sharing of information, while protecting the privacy and/or security of the information. Regulations for each type of information have their own set of rules, policies, and guidelines. Cloud Service Providers (CSP) are faced with increasing demand for services at decreasing prices. Demonstrating and maintaining compliance with regulations is a nontrivial task and doing so against numerous sets of regulatory requirements can be daunting task...
What are the successful IoT innovations from emerging markets? What are the unique challenges and opportunities from these markets? How did the constraints in connectivity among others lead to groundbreaking insights? In her session at @ThingsExpo, Carmen Feliciano, a Principal at AMDG, will answer all these questions and share how you can apply IoT best practices and frameworks from the emerging markets to your own business.
Between the mockups and specs produced by analysts, and resulting applications built by developers, there exists a gulf where projects fail, costs spiral, and applications disappoint. Methodologies like Agile attempt to address this with intensified communication, with partial success but many limitations. In his session at @DevOpsSummit at 19th Cloud Expo, Charles Kendrick, CTO at Isomorphic Software, will present a revolutionary model enabled by new technologies. Learn how business and deve...