Goldman Sachs Group Inc (NYSE:GS) shares surging to new high

by Fiona Gabriel | Friday, Jun 21, 2013 | 713 views

Northern, WI 06/21/2013 (usastockreport) – The share prices of Goldman Sachs Group Inc (NYSE:GS) had surged by 3.81 percent to close at $155.41 per share for the end of last trading session on Thursday. The shares of the company had been trading in the range of $154.84 to $159.99 per during the day, which had pushed the company to hit new peaks. The shares of Goldman Sachs Group Inc (NYSE:GS) had a market capitalization of $71.28 billion. The stock opened at $159.15 per share.

The Goldman Sachs Group, Inc. (NYSE:GS) a company that provides investment banking, securities, and investment management services, as well as financial services to corporations, financial institutions, governments, and high-net-worth individuals worldwide on 2,061,534 shares traded after Goldman Sachs appointed Ian Gilday as head of originations for collateralized loan obligations in the EMEA region. Goldman Sachs Group Inc. (GS) has offered some of its top clients a tool that allows them to plug into its trading system and buy or sell large blocks of stock electronically, the Reuters news agency said on its website.

Goldman Sachs Group Inc (NYSE:GS) is a global investment banking, securities and investment management firm that provides a range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. Goldman Sachs Group Inc (NYSE:GS) operates in four segments: Investment Banking, Institutional Client Services, Investing & Lending and Investment Management. As of December 2012, it had offices in over 30 countries, including offices in all major financial centers worldwide. In May 2013, Goldman Sachs (Singapore) Pte Ltd, a unit of Goldman Sachs Group Inc acquired a 6.712% stake in Keppel Reit from Keppel Real Estate Investment Pte Ltd, a unit of Keppel Corp Ltd. In May 2013, Goldman Sachs Group Inc (NYSE:GS) acquired a 5.032% stake in Echo Entertainment Group Ltd. The company had an institutional investor’s shareholdings as 74 percent. Goldman Sachs Group, Inc. (NYSE:GS) had an average volume of 6.49 million.

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