Financial Sector Wrap

Published July 03, 2012

| FOXBusiness

The Financial sector (XLF) showed little change during trading today while the S&P 500 rose 0.7%.

The ETF, as a proxy for the sector, tracked closer to the overall market today than over the past month. Entering today's trading, XLF was up 10.9% over the last thirty trading days while the S&P 500 climbed 7.3%.

Southern Missouri Bancorp (SMBC) was a significant gainer in the sector, rising 10.7%. The stock closed at $23.80 with 4,257 shares moving. The stock traded in a range of $21.50 to $23.80.

Colony Bankcorp (CBAN) was a major loser in the sector. Its price dropped 8.1% (-42 cents) to close at $4.79, as 5,692 shares moved. The stock traded between $4.35 and $4.98.

United States Gasoline Fund (UGA) rose 3.7% to close at $50.23, cross its 50-day moving average of $48.60 and 200-day moving average of $51.88. Great Northern Iron Ore Properties (GNI) declined 1.1% to close at $71, moving below its 50-day moving average of $70.95 and 200-day moving average of $90.23.

Direxion Daily China Bear 3x Shares ETF (YANG) fell 3.6% to close at $14.64, moving down to 1% above its 200-day moving average of $14.50. KB Financial Group (KB) rose 4.6% to close at $33.89, getting closer to its 200-day moving average or $34.65.

Union Bankshares (UNB) hit a new 52-week high today, reaching $21 to top the previous high of $20.

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