Financial Sector Wrap

Markets FOXBusiness

The Financial sector (XLF) held steady on a trading day that saw S&P 500 drop 0.1%.

Continue Reading Below

As a proxy for the sector, the ETF tracked closer to the overall market today than over the past month. Entering today's trading, XLF was up 2.5% over the last thirty trading days. The S&P 500, in comparison, went up 2%.

Net one UEPS Technologies (UEPS) was a major gainer in the sector, rising 11.8% (+$1.07) to close at $10.17 with 428,133 shares moving. The stock traded in a range of $9.24 to $10.51. Shares have been on an upward trajectory over the past month, rising $2.25 (28.4%) from a price of $7.92 on July 30, 2012.

FXCM (FXCM) was a major loser in the sector. Its price dropped 7.7% (-72 cents) to close at $8.60, as 500,915 shares moved. The stock traded between $8.59 and $9.32. Shares are down over the last two months as the price has dropped $3.16 (-26.9%) from a price of $11.76 on June 29, 2012.

First Citizens BancShares (FCNCA) rose 1.9% to close at $166.27, cross its 50-day moving average of $164.90 and 200-day moving average of $169.76.

SunTrust Banks (IBN) fell 1.6% to close at $24.79, moving closer to its 50-day moving average of $24.41. Also, the stock moved closer to its 200-day moving average of $33.00.

Continue Reading Below

A.F.P Provida (PVD) hit a new 52-week high today, reaching $91 to top the previous high of $89.90.