LONDON, July 1, 2013 /PRNewswire/ --
The U.S. equity market struggled on Friday, June 28, 2013, the last trading day of the month and the second quarter of 2013. While the S&P 500 and the Dow Jones posted losses on Friday, the NASDAQ registered slight gains. Though the three benchmark indexes finished lower for the month, it managed to score some gains during the quarter despite significant volatility. The financial sector was the best performer in the S&P 500 for the second quarter of 2013. On Friday, the major movers in the sector included The Bank of New York Mellon Corporation (NYSE: BK), Apollo Investment Corp. (NASDAQ: AINV), The Progressive Corporation (NYSE: PGR), and Government Properties Income Trust (NYSE: GOV). AAAResearchReports.com has released free charting and technical research on these aforementioned companies. Register to read these reports at:
Shares in The Bank of New York Mellon Corporation fell sharply on Friday as the broader market struggled. The company's shares hit an intraday low of $27.91 before finishing the day 2.33% lower at $28.05. A total of 10.60 million shares were traded which is above the daily average volume of 6.32 million. Bank of New York Mellon's shares fell 1.41% last week even as the S&P 500 posted gains of 0.87%. In the second quarter, the stock gained 0.21%. Sign up for free report on BK at:
Apollo Investment Corp.'s stock fluctuated between gains and losses on Friday before finishing the day flat at $7.74 after oscillating between $7.66 and $7.78. A total of 2.27 million shares were traded which is below the daily average volume of 2.92 million. Apollo Investment's shares have gained 3.27% in the last three trading sessions. Despite the recent gains, the stock fell 7.42% in the second quarter of 2013. AINV free technical report can be accessed by signing up at:
Shares in The Progressive Corporation edged higher on Friday, extending their gains from previous trading sessions. The company's shares hit an intraday high of $25.46 before closing the day 0.67% higher at $25.42. A total of 8.52 million shares were traded which is more than double its daily average volume of 3.19 million. The stock has now gained 4.44% in the last three trading sessions. Progressive Corp.'s shares rose 0.59% in the second quarter. It is currently trading near its 52-week high of $26.39. A free report on PGR can be accessed by registering at:
Government Properties Income Trust's stock ended slightly higher on Friday, closing at $25.22, up 0.04% from the previous closing price. The company's shares fluctuated between $25.05 and $25.38. A total of 1.71 million shares were traded which is above the daily average volume of 575,595. The company's shares have gained 4.91% in the last three trading sessions. Despite the recent gains, the stock fell 1.98% in the second quarter of 2013. Register with AAA Research Reports and download research on GOV for free at:
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SOURCE AAA Research Reports
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