Hottest Financial Stocks Now – KB ARCC CEF PGR

by Portfolio Grader | May 14, 2014 1:00 pm

Financial stocks declined broadly on Wall Street so far on Wednesday, with the sector seeing an overall decline of 0.5%.

More broadly, the Dow Jones Industrial Average was down 0.2%, the Nasdaq was unchanged and the S&P 500 fell 0.2%.

Some of the biggest gainers among financial stocks include:

• KB Financial Group Inc (KB[1]): KB stock is up 1.7%, marking the third consecutive day the stock has increased.

• Ares Capital Corp (ARCC[2]): ARCC stock is up 1.9% today.

• Central Fund of Canada (CEF[3]): CEF stock is up 1.4% today.

• Progressive Corp (PGR[4]): PGR stock is up 1.1%, marking the sixth consecutive day the stock has increased.

• Shinhan Financial Group Co Ltd (SHG[5]): SHG stock is up 1.3% to a new 52-week high of $46.02.

• Harbinger Group Inc (HRG[6]): HRG stock is up 0.5% today.

• Annaly Capital Management Inc (NLY[7]): NLY stock is up 0.7% today.

• Mitsubishi Ufj Financial Group Inc (MTU[8]): MTU stock is up 0.9%, marking the fifth consecutive day the stock has increased.

• Credit Suisse Group (CS[9]): CS stock is up 0.6% today.

• Banco Bilbao Viscaya Argentaria S.A. (BBVA[10]): BBVA stock is up 0.8% today.

Some of the biggest losers among financial stocks include:

• Scbt Financial Corp (SCBT[11]): SCBT stock is down 3.3% today.

• National Bank of Greece Sa (NBG[12]): NBG stock is down 2.6%, marking the third consecutive day the stock has decreased.

• Bgc Partners (BGCP[13]): BGCP stock is down 2.0% today.

• Keycorp (KEY[14]): KEY stock is down 2.4% today.

• Privatebancorp (PVTB[15]): PVTB stock is down 2.1% today.

• E*Trade Financial Corp (ETFC[16]): ETFC stock is down 1.7% today.

• Governor and Company of The Bank of Ireland (IRE[17]): IRE stock is down 2.3% today.

• UMB Financial Corp (UMBF[18]): UMBF stock is down 1.8% today.

• Western Alliance Bancorporation (WAL[19]): WAL stock is down 2.3% today.

• Financial Engines (FNGN[20]): FNGN stock is down 1.2% today.

For more information on the best stocks to buy[21] right now, check out the latest commentary on InvestorPlace.com[22].

And for more on the hot stocks moving most on Wall Street right now, check out our archive of daily market movers by sector here[23].

Editor’s Note: Returns for the fastest-moving stocks listed here are based on share prices 20 minutes prior to publication of this story.

Source URL: https://investorplace.com/2014/05/hottest-financial-stocks-now-kb-arcc-cef-pgr-kb-arcc-cef/

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