During trading today, both the Financial sector (XLF) and the S&P500 showed little movement.
The ETF, as a proxy for the sector, tracked closer to the overall market today than over the past month. As trading began today, XLF was down 12.9% over the last thirty trading days, and the S&P 500 climbed -8%.
Increasing 12.8% (+$2.05) to close at $18.05, NASB Financial (NASB) was a major gainer in the sector. Today, 5,500 shares traded hands. The stock traded in a range of $15.72 to $18.34.
MidSouth Bancorp (MSL) rose 10.9% to close at $14.11, cross its 50-day moving average of $13.53 and 200-day moving average of $13.28.
Oppenheimer Holdings (OPY) rose 5.4% to close at $14.16, approaching its 50-day moving average of $15.34. It has also moved closer to its 200-day moving average of $16.58. Alleghany Corporation (Y) fell 1% to close at $320.78, moving down to 1.6% above its 200-day moving average of $315.76.
Marine Petroleum (MARPS) was a major loser in the sector. Its price dropped 7.3% (-$1.76) to close at $22.19, as 2,083 shares moved. The stock traded in a range of $22.13 to $22.98.
Amtrust Financial Services (AFSI) hit a new 52-week high today, reaching $29.60 to top the previous high of $29.51.
Sabine Royalty (SBR) hit a new 52-week low today, hitting $45.57 to fall below the previous low of $47.43.