Top Performing Industries For June 4 (CNC, VRTB, HIF, LGF)

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By 1:37 pm, the Dow Jones Industrial Average had slipped 258.84 points, or 2.52%, to 9,996.44 and the broader Standard & Poor's 500 had fallen 28.55 points, or 2.59%. The Nasdaq composite index too was down after declining 61.63 points, or 2.68%. Though most of the industries were falling today, the following were performing better than others. Health Care Plans: The top gainer of the day, this industry added 1.23% by 1:18 pm. The top performer in this industry, Centene Corp
CNC
, rose by 4.16%. CNC’s Indiana subsidiary, Managed Health Services
MHS
, today received an expanded managed care contract from Medicaid Policy and Planning’s (OMPP) Indiana Office. Mortgage Investment: This industry slipped 0.22% by 1:18 pm. The top gainer within the industry, Vestin Realty Mortgage II Inc
VRTB
, added 3.39%. VRTB dropped 31.40% over the past 52 weeks, while the S&P 500 rose 17.02% during the same period. Closed-End Fund - Debt: This industry moved down 0.33% by 1:18 pm, with Western Asset High Income Fund
HIF
climbing 3% to gain the top spot. This close ended fixed income mutual fund was launched by Western Asset Management Company and is advised and sub-advised by Legg Mason Partners Fund Advisor LLC and Western Asset Management Company, respectively. Movie Production, Theaters: The industry, which dropped 0.76%, has the top gainer in the form of Lions Gate Entertainment Corp
LGF
, which gained 0.42%. The movie studio posted narrower fiscal 2010 loss of $19.5 million, or $0.17 per share, as compared to $178.5 million, or $1.53 per share. Read more
from Benzinga's Markets.
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Posted In: NewsIntraday UpdateMarketsMoversTop Performing Industries
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