(Finance) – Flattened the performance of Wal-Martwhich trades with a modest -0.18%.
The multinational that owns the retail chain of the same name has extended its partnership with genpact (+1.01%) in North America. The renewed partnership will allow the professional services firm to continue to support Walmart’s finance and accounting operations in the United States and Canada.
The comparison of the title with the Dow Joneson a weekly basis, shows the greatest relative strength of the big names in large-scale distribution compared to the index, highlighting the concrete attractiveness of the stock by buyers.
The short-term trend of Wal-Mart shows a moderately positive trend with first resistance area estimated at USD 155.7 and support at USD 153.9. In this context, an improvement in the curve is expected towards the new top seen at 157.5.