Financials Sector Equities under the Scanner -- HDFC Bank, Popular, Credit Suisse, Genworth Financial, and Tower Group Intl. - KPTV - FOX 12

Financials Sector Equities under the Scanner -- HDFC Bank, Popular, Credit Suisse, Genworth Financial, and Tower Group Intl.

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SOURCE Investor-Edge

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LONDON, July 18, 2014 /PRNewswire/ --

On Thursday, July 17, 2014, the NASDAQ Composite ended at 4,363.45, down 1.41%, the Dow Jones Industrial Average finished the day 0.94% lower at 16,976.81, and the S&P 500 closed at 1,958.12, down 1.18%. The losses were broad based as all the sectors ended the session in negative. The S&P 500 Financials Sector Index ended the day at 305.35, down 1.25%, while the index has advanced 3.71% in the previous three months. Investor-Edge has initiated coverage on the following equities: HDFC Bank Ltd (NYSE: HDB), Popular Inc. (NASDAQ: BPOP), Credit Suisse Group A.G. (NYSE: CS), Genworth Financial Inc. (NYSE: GNW), and Tower Group International Ltd (NASDAQ: TWGP). Free research on these five companies can be accessed at:  

http://investor-edge.com/register

HDFC Bank Ltd's stock declined 1.64%, to close the day at $47.29. The stock recorded a trading volume of 0.96 million shares, below its three months average volume of 1.05 million shares. The stock oscillated between $47.20 and $48.28 during the session. Over the last three trading sessions and over the past three months, HDFC Bank Ltd's shares have gained 1.11% and 15.99%, respectively. Further, the stock has gained 37.31% since the start of this year. The stock is trading above its 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $46.41 is greater than its 200-day moving average of $38.12. Additionally, the stock has a Relative Strength Index (RSI) of 56.40. Sign up and read the free notes on HDB at:

http://www.Investor-Edge.com/HDB-18Jul2014

On Thursday, shares in Popular Inc. recorded a trading volume of 1.62 million shares, higher than its three months average volume of 0.78 million shares. The stock ended the day at $33.70, which was 2.52% below its previous day's closing of $34.57, and registered an intraday range of $33.66 and $34.71. Shares of the company traded at a PE ratio of 4.31. Although Popular Inc.'s shares have lost 2.43% in the previous three trading sessions, it has advanced 15.06% in the last three months and 17.30% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $31.79 and $29.06, respectively. Furthermore, shares of the company have an RSI of 68.38. The complimentary notes on BPOP can be downloaded as in PDF format at:

http://www.Investor-Edge.com/BPOP-18Jul2014

Credit Suisse Group A.G.'s stock finished the Thursday's session 1.78% lower at $28.69. A total of 0.50 million shares were traded, which was below its three months average volume of 0.93 million shares. The stock moved between $28.64 and $29.09 during the session. Over the last three trading sessions and the past one month, Credit Suisse Group A.G.'s shares have lost 0.17% and 5.06%, respectively. Additionally, from the beginning of 2014, the company's stock has declined 5.11%. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $30.01 is greater than its 50-day moving average of $29.53. Credit Suisse Group A.G.'s stock has an RSI of 50.65. Register for free on Investor-Edge and access the latest research on CS at:

http://www.Investor-Edge.com/CS-18Jul2014

On Thursday, shares in Genworth Financial Inc. fluctuated between $16.02 and $16.45 before ending the session 0.86% lower at $16.14. Genworth Financial Inc.'s stock reported a trading volume of 4.44 million shares, below its three months average volume of 6.21 million shares. Shares of the company traded at a PE ratio of 12.67. Genworth Financial Inc.'s shares have declined 3.53% in the previous three trading sessions and 4.38% in the last three months. However, the stock has gained 3.93% since the start of this year. The stock is trading above its 200-day moving average of $16.03, while the 200-day moving average is below its 50-day moving average of $17.50. Moreover, shares of the company have an RSI of 30.69. The complete research on GNW is available for free at:

http://www.Investor-Edge.com/GNW-18Jul2014

Tower Group International Ltd's stock edged 0.55% higher to close the day at $1.83. The stock recorded a trading volume of 0.29 million shares, much below its three months average volume of 1.20 million shares. The stock oscillated between $1.82 and $1.86 during the session. Over the last three trading sessions and over the past one month, Tower Group International Ltd's shares have fallen by 3.68% and 6.15%, respectively. Further, the stock has lost 45.86% since the start of this year. The stock is trading below its 50-day and 200-day moving averages of $2.05 and $2.99, respectively. Additionally, the stock has an RSI of 37.87. Free in depth research on TWGP is available at:

http://www.Investor-Edge.com/TWGP-18Jul2014

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EDITOR'S NOTES:

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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 produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. 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.

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