Financial Sector Wrap

Published June 27, 2012

| FOXBusiness

While the S&P 500 grew 0.9%, the Financial sector (XLF) showed little movement during trading today.

Morningstar (MORN) rose 2.5% to close at $57.97, cross its 50-day moving average of $57.02 and 200-day moving average of $58.95. Great Northern Iron Ore Properties (GNI) declined 6.6% to close at $75.13, moving below its 50-day moving average of $70.03 and 200-day moving average of $91.21.

ProShares Ultra Oil \x26 Gas (ETF (DIG) rose 3.9% to close at $37.68, approaching its 50-day moving average of $38.75. It has also moved closer to its 200-day moving average of $43.82. Mesa Royalty (MTR) rose 4.1% to close at $33.30, getting closer to its 200-day moving average or $36.62.

Malaysia Fund (MAY) was a major loser in the sector, falling 7.3% (-70 cents) to close at $8.90 with 147,575 shares moving. The stock traded between $8.85 and $8.96.

Nationstar Mortgage Holdings (NSM) was a major gainer in the sector, rising 7% (+$1.33) to close at $20.46 with 1.6 million shares moving. The stock traded in a range of $19.08 to $20.56.

Alliance Data Systems Corporation (ADS) hit a new 52-week high today, reaching $133.28 to top the previous high of $132.25.

U.S. Global Investors (GROW) hit a new 52-week low today, hitting $3.98 to fall below the previous low of $4.28.

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