By PR Newswire, October 11, 2013, 12:49:00 PM EDT
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LONDON, October 11, 2013 /PRNewswire/ --
The U.S. equity market posted significant gains on Thursday, October 10, 2013, with the S&P 500 and the Dow Jones Industrial Average rising 2.18% each, and the NASDAQ Composite gaining 2.26%. Shares in the financial sector also edged higher, tracking gains in the broader market. The major movers in the sector included The Bank of New York Mellon Corporation (NYSE:BK), The Progressive Corporation (NYSE:PGR), Apollo Investment Corporation (NASDAQ:AINV), and Deutsche Bank AG (NYSE:DB). All these companies are tracked by AAAResearchReports.com. Free technical research on BK, PGR, AINV, and DB can be downloaded upon signing up at:
Shares in The Bank of New York Mellon Corp. surged on Thursday, extending the gains from the previous trading session. The company's shares traded between $30.19 and $30.81 before finishing the day 3.46% higher at the intra-day high of $30.81. A total of 5.00 million shares were traded, which is above the daily average volume of 4.50 million. The Bank of New York Mellon Corp.'s stock has gained 1.92% in the previous three trading sessions and 5.05% in the last three months, compared to a gain of 0.98% and 2.42% in the S&P 500 during the respective periods. Further, the company's shares are trading above their 50-day and 200-day moving averages of $30.68 and $28.96, respectively. Sign up today to read free research report on BK at:
The Progressive Corp.'s stock rose 1.55% on Thursday, reversing all the losses from the previous trading session. The company's shares oscillated between $26.63 and $26.94 before finishing the day at the intra-day high of $26.94. A total of 3.58 million shares were traded, which is above the daily average volume of 3.18 million. The company's shares have gained 3.70% in the last one month and 3.54% in the previous three months, outperforming the S&P 500 which has advanced 0.51% and 2.42% during the respective periods. Furthermore, the Progressive Corp.'s stock is trading near its 52-week high of $27.55 and above its 50-day and 200-day moving averages of $26.10 and $24.97, respectively. Register to download free technical analysis on PGR at:
On Thursday, shares in Apollo Investment Corp. edged higher to end the day at $8.25, which is 1.85% higher than the previous day's closing price of $8.10. The company's shares fluctuated between $8.15 and $8.28 during the trading session. A total of 1.77 million shares were traded, which is above the daily average volume of 1.70 million. Apollo Investment Corp.'s shares have gained 1.54% in the previous three trading sessions and 2.10% in the last three months, compared to a gain of 0.98% and 2.42% in the S&P 500 during the respective periods. Moreover, the company's stock is trading above its 50-day moving average of $8.10. A free report on AINV can be accessed by registering at:
Deutsche Bank AG's stock rose 3.95% on Thursday, extending the gains from the previous trading session. The company's shares vacillated between $47.11 and $47.89 before closing the day at $47.85. A total of 1.70 million shares were traded, which is above the daily average volume of 0.95 million. The company's shares are up 3.37% in the previous three trading sessions and 11.88% in the last three months, outperforming the S&P 500 which has advanced 0.98% and 2.42% during the respective periods. Additionally, Deutsche Bank AG's stock is trading above its 50-day and 200-day moving averages of $45.73 and $45.40, respectively. Register with AAA Research Reports and download the research on DB for free at:
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