New York -- Lloyds Banking Group Plc (ADR) (NYSE: LYG), the U.K.-based financial services group providing a range of banking and financial services, is down sharply in mid-day trading today. LYG is currently down 2.74% to $3.02 on volume of 3.03 million, which is well above the daily average volume of 1.82 million.
LYG has gained more than 1.3% in the last five trading sessions. The stock had finished higher in four of the last five trading sessions. LYG has seen a pullback from $3.10 resistance level. The stock could continue to slide in the next few trading sessions before finding support at around $2.9.
Find out what traders need to do regarding LYG by getting the full free report here: http://www.monstertradingalerts.com/market-scan/?symbol=LYG
Cornerstone Total Return Fund Inc. (AMEX: CRF) is marginally lower in mid-day trading today. CRF is a closed-end diversified management investment company. The fund focuses on sectors such as Technology, Financials, Energy and Consumer Staples and is managed by Cornerstone Advisors Inc.
CRF is currently down 0.31% to $5.79, and has fallen nearly 1.7% in the last three trading sessions. CRF has fallen in each of the last four trading sessions. CRF slipped after failing to break through $6 resistance level. The downward slide could continue before CRF finds support at around $5.70.
Last month, CRF had announced the commencement of its rights offering.
Find out more about CRF: http://www.monstertradingalerts.com/market-scan/?symbol=CRF
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