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April 21, 2023
XP is down to $13.4, after ending yesterday at $13.55. Overall, a 1.11% loss or 15 cents today.
- XP is currently trading at $13.4 following the release of Services PMI data from the United States.
- Today's losses are adding to a 3 day bearish run, during which XP lost 50 cents of its value.
United States Services PMI came out at 53.7, while a consensus of analysts was expecting 51.5. United States Existing Home Sales (Mar) released yesterday at 14:00 UTC with a figure of 4.44 million, while the previous figure was 4.55 million.
As the trading day commences, technical analysis suggests XP Inc. could begin to recover as it approaches significant support, now 9 cents away from $13.31. Dipping below could be an indication that further losses are ahead.
HSBC Holdings is down to $35.48, losing 1.25%, after ending yesterday at $35.93. HDFC Bank Limited added 1.75% to its value, now trading at $71.06. Wells Fargo & Company is trading around $41.16 (down 1.22%).
XP hit a significant low of $10.65 around 29 days ago, but has since recovered 27.23%.
