The Financial sector (XLF) held steady during a trading day that saw the S&P 500 grow 0.2%.
CNinsure (CISG) was one of the sector's big losers, as its price dropped 15.5% (-$1.21) to close at $6.58. 216,092 shares of the stock moved. The stock traded in a range of $6.50 to $7.76. The stock has lost momentum over the last three months, losing $1.99 (-23.2%) from $8.57 on February 13, 2012.
Increasing 5.9% (+$1.43) to close at $25.64, Encore Capital Group (ECPG) was a major gainer in the sector. Today, 353,673 shares traded hands. The stock traded in a range of $24.40 to $26.21. Share price is up $3.68 (16.8%) from $21.96 on April 11, 2012.
CurrencyShares Japanese Yen (FXY) fell 0.4% to close at $122.97, crossing its 50-day moving average of $121.11. Meanwhile, First Citizens BancShares (FCNCA) climbed 1.5% to close at $173.40, moving past its 200-day moving average of $172.88.
MV Oil (MVO) rose 3.3% to close at $39.66, approaching its 50-day moving average of $41.36. It has also moved closer to its 200-day moving average of $40.28. FleetCor Technologies (ALTE) fell 3.3% to close at $39.53, moving closer to its 50-day moving average of $39.33. Also, the stock moved closer to its 200-day moving average of $22.91.
White Mountains Insurance Group (WTM) hit a new 52-week high today, reaching $549.98 to top the previous high of $544.01.
Gain Capital Holdings (GCAP) hit a new 52-week low today, hitting $4.25 to fall below the previous low of $4.80.