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

LONDON, September 12, 2013 /PRNewswire/ --

On Wednesday, September 11, 2013, the S&P 500 ended the day at 1,689.13, up 0.31%; the Dow Jones Industrial Average closed at 15,326.60, up 0.89%; while the NASDAQ Composite finished at 3,725.01, down 0.11%. Shares in the wireless communications industry mostly ended lower, even as the broader market closed on a mixed note The major movers in the sector included Mobile Telesystems OJSC (NYSE: MBT), Telefonica Brasil S.A. (NYSE: VIV), China Mobile Ltd. (NYSE: CHL), and SK Telecom Co. Ltd (NYSE: SKM). All these companies are tracked by AAAResearchReports.com. Free technical research reports on MBT, VIV, CHL, and SKM can be accessed by signing up at:

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

Shares in Mobile Telesystems OJSC edged higher by 0.65% on Wednesday, closing at $21.66 after oscillating between $21.21 and $21.67. A total of 1.46 million shares were traded, which is below the daily average volume of 1.80 million. The company's stock has surged 18.95% in the previous three months and 6.65% in the last month, outperforming the S&P 500 which has gained 3.87% and lost 0.14% during the respective periods. Further, Mobile Telesystems OJSC's stock is trading close to its 52-week high of $21.79 and above its 50-day and 200-day moving averages of $20.18 and $19.62, respectively. Download free report on MBT upon registration at:

http://www.AAAResearchReports.com/MBT091213.pdf

Shares in Telefonica Brasil S.A. fluctuated between gains and losses before finishing the day nearly flat on Wednesday. The company's shares ended the day at $22.32, down 0.04%, after fluctuating between $22.02 and $22.43. A total of 1.45 million shares were traded, which is below the daily average volume of 1.62 million. The company's shares have gained 4.06% in the last three trading sessions and 2.43% in the last one month, compared to a gain of 2.05% and a loss of 0.14% in the S&P 500 during the respective periods. Further, Telefonica Brasil S.A.'s stock is trading above its 50-day moving average of $21.23. VIV technical report can be accessed for free by signing up at:

http://www.AAAResearchReports.com/VIV091213.pdf

China Mobile Ltd's shares fell sharply on Wednesday, even as the broader market ended on a mixed note. The company's shares ended the day at $55.87, which is 2.67% lower than the previous day's price of $57.40. The company's shares fluctuated between $55.51 and $56.25 during the trading session. A total of 0.97 million shares were traded, which is above the daily average volume of 0.85 million. Despite the sharp decline on Wednesday, the company's shares have advanced 4.59% in the last one month and 10.15% in the last three months, outperforming the S&P 500 which has gained 2.05% and lost 0.14% during the respective periods. Moreover, China Mobile Ltd's stock is trading above its 50-day and 200-day moving averages of $53.41 and $54.26, respectively. A free report on CHL can be accessed by registering at:

http://www.AAAResearchReports.com/CHL091213.pdf

Shares in SK Telecom Co. Ltd edged lower by 0.50% on Wednesday after fluctuating between $22.05 and $21.89. The company's shares closed the day at $22.04, which is close to its 52-week high of $22.48. A total of 0.87 million shares were traded, which is less than the daily average volume of 1.10 million. The company's shares have gained 4.75% in the last one month and 5.35% in the previous three months, outperforming the S&P 500 which has lost 0.14% and gained 2.05% during the respective periods. Further, the stock is currently trading above its 50-day and 200-day moving averages of $21.40 and $19.06, respectively. Register with AAA Research Reports and download research on SKM for free at:

http://www.AAAResearchReports.com/SKM091213.pdf

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