Financial Stocks Mostly Higher (Citigroup Inc., Bank of Ireland, Wells Fargo & Company, BB&T Corporation)


(EMAILWIRE.COM, September 03, 2010 ) New York, NY-The U.S. financial sector rose modestly Thursday as investors reacted to a flurry of economic data, including a modest drop in weekly jobless claims and a rise in pending home sales.

Citigroup Inc. (NYSE: C) added 0.84% to $3.88 on over 473.91 million shares. Today, the stock opened at $3.84 and was trading within the range of $3.83-$3.93. The volumes were quite high today at 473.91 million shares as compared to its daily average volume of 389.02 million shares.

At today`s closing market price, the market capitalization of the stock stood at $112.42 billion. So far this year, the stock jumped almost 16%.

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Bank of Ireland (ADR) (NYSE: IRE) fell 1.27% to $3.90 on over 1.48 million shares. The stock has a 52-week low of $3.10. The volumes were low today at 1.48 million shares as compared to its daily average volume of 2.94 million shares.

Bank of Ireland and its subsidiaries provide a range of banking and other financial services. It operates in five segments: Retail Republic of Ireland, Bank of Ireland Life, UK Financial Services, Capital Markets and Group Centre.

Wells Fargo & Company (NYSE: WFC) gained 1.78% to $25.10 on over 38.20 million shares. The volumes were high today at 38.20 million shares as compared to its daily average volume of 36.24 million shares.

Over the past 52-weeks, the stock traded within the range of $23.02-$34.25.

BB&T Corporation (NYSE: BBT) added 0.39% to $23.12 on over 5.36 million shares. BB&T Corporation is a financial holding company. The Company conducts its business operations primarily through its commercial banking subsidiary, Branch Banking and Trust Company (Branch Bank).

After opening the trade at $23.05, the stock today traded within the range of $22.75-$23.13. At today`s closing market price, the market capitalization of the stock stood at $16.02 billion.

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