Shares of Itau Unibanco Banco Holding SA (ITUB) Sees Large Outflow of Money

Itau Unibanco Banco Holding SA (ITUB) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (2.35 million) in Itau Unibanco Banco Holding SA (ITUB). On Monday, The value of composite uptick trades was $6.33 million, whereas, the value of composite downtick trades was $8.68 million and the ratio between the two was 0.73, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $0.91 million. $0.65 million was the block trade value on upticks. The ratio between the two was clearly in favor of the bears at 0.71. The negative money flow of ($0.27 million) shows selling on strength. Itau Unibanco Banco Holding SA (ITUB) gained $0.24 intraday at $11.4 and registrered 2.18% for the week.


Shares of Itau Unibanco Holding S.A. rose by 3.45% in the last five trading days and 10.73% for the last 4 weeks. Itau Unibanco Holding S.A. is up 29.45% in the last 3-month period. Year-to-Date the stock performance stands at 80.79%.

Itau Unibanco Banco Holding SA (NYSE:ITUB): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $11.32 and $11.27 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $11.44. The buying momentum continued till the end and the stock did not give up its gains. It closed at $11.40, notching a gain of 2.18% for the day. The total traded volume was 11,512,154 . The stock had closed at $11.16 on the previous day.

Itau Unibanco Holding S.A. (Itau Unibanco Holding) is a holding company. The Company provides a range of financial products and services to individual and corporate clients in Brazil. It operates in four segments: Commercial Bank-Retail, which offers a range of banking services for retail individuals or clients and for companies, including services, such as asset management, investor services, insurance, private pension plans and credit cards issued to account holders; Consumer Credit-Retail, which offers financial products and services to account holders, such as vehicle financing, credit card transactions and consumer financing; Wholesale Bank, which offers wholesale products and services to large and medium-sized companies, as well as investment bank activities and The Activities with the Market and Corporation segment manages the interest income associated with ITAU UNIBANCO HOLDING capital surplus, subordinated debt surplus and the net balance of tax credits and debits.

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