Early Morning Insight: Telefonica Brasil, Mobile Telesystems, China Mobile, and SK Telecom

LONDON, August 6, 2013 /PRNewswire/ --

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

On Monday, August 5, 2013, the US equity market ended mostly on a lower note. The S&P 500 closed 0.15% lower at 1,707.14 and the Dow Jones Industrial Average ended the day 0.30% lower at 15,612.13, while the NASDAQ posted a small gain of 0.09% before closing at 3,692.95. Shares in wireless communications companies finished on a mixed note. The major movers in the sector included Telefonica Brasil S.A. (NYSE: VIV), Mobile Telesystems OJSC (NYSE: MBT), China Mobile Ltd (NYSE: CHL), and SK Telecom Co. Ltd (NYSE: SKM). All these companies are tracked by AAAResearchReports.com. Download free technical analysis and charting reports on VIV, MBT, CHL, and SKM now at:

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

Shares in Telefonica Brasil S.A. ended the day at $21.54, down 0.55% after fluctuating between $21.32 and $21.63. A total of 0.88 million shares were traded, which is below the daily average volume of 1.37 million. The company's shares have fallen 19.66% in the last three months. Further, Telefonica Brasil's shares are trading below their 50-day and 200-day moving averages. Download free research on VIV today by registering at:

http://www.AAAResearchReports.com/VIV080613.pdf

Shares in Mobile Telesystems OJSC rose sharply on Monday. The company's shares closed the day 2.03% higher at $20.15. A total of 1.12 million shares were traded, which is below the daily average volume of 1.88 million. In the last three trading sessions, the stock has gained 3.39% and is trading above its 50-day and 200-day moving averages. Further, Mobile Telesystems' shares have gained 6.22% in the last one month, outperforming the S&P 500 which has gained 4.61% during the same period. Sign up and have access to our free report on MBT at:

http://www.AAAResearchReports.com/MBT080613.pdf

China Mobile Ltd's stock moved lower on Monday, reversing some of the gains from the last two trading sessions. The company's shares fluctuated between $53.14 and $53.56, before finishing the day 0.69% lower at $53.40. A total of 439,582 shares were traded, which is below the daily average volume of 750,892. China Mobile's shares have gained 0.91% in the last three trading sessions and 4.20% in the last one month. Sign up and read the complimentary report on CHL at:

http://www.AAAResearchReports.com/CHL080613.pdf

Shares in SK Telecom Co. Ltd moved higher on Monday, extending their gains from previous trading sessions. The company's shares ended the day 0.27% higher at $22.32 after oscillating between $22.19 and $22.38. A total of 0.65 million shares were traded, which is below the daily average volume of 1.62 million. The stock has gained 7.20% in the last one month, outperforming the S&P 500 which has advanced 4.61% during the same period. Moreover, SK Telecom's stock is currently trading near its 52-week high of $22.48. The free report on SKM can be downloaded by signing up now at:

http://www.AAAResearchReports.com/SKM080613.pdf

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SOURCE AAA Research Reports