Financial Sector Update for 04/02/2015: RCAP,CNO,SLXP,VRX,CBOE
Top Financial Stocks
Financial stocks were higher Thursday afternoon, with the NYSE Financial Sector Index climbing 0.7% and the S&P Financial 100 Index ahead about 0.5%.
In company news, RCS Capital ( RCAP ) advanced Thursday after the investment broker said its wholesale broker-dealer subsidiaries raised around $476.3 million in equity capital during March, a 45.7% increase over the prior month.
The company raised $1.1 billion in equity during the first three months of 2015.
RCAP shares were up nearly 3% at $10.80 apiece, staying within 4 cents of their session high. The stock has traded within a 52-week range of $8.54 to $39.92 a share, dropping almost 73% over the past 12 months before Thursday's price rise.
In other sector news,
(-) CBOE, (-1.7%) Reports 7% increase in March trading volume compared with February levels, rising to 94.9 million contracts changing hands last month.
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