Morgan Stanley - Best Performing Broker

Published on Thursday, 21 June 2012 17:07 Written by Christian Paolinetti

New York, June 21st (TradersHuddle.com) - The overall market traded lower with the S&P 500 losing 2.23%. Stocks of Broker / Dealers also traded lower, with NYSE Broker/Dealer index closing the session at $84.849, which represents -3.09% versus previous day close. The index , it had 0 out of 10 components trading higher.

Morgan Stanley (NYSE:MS) was the top performer of the sector today, closing at $14.01 representing -1.34% versus the previous trading session. Shares of Morgan Stanley, the operator of a global securities business, have defined support at $12.26 and resistance at $14.50.

Interactive Brokers (NASDAQ:IBKR) was also among the top performers, closed the trading session at $14.42 representing -1.9% from its previous close. Interactive Brokers, the automated global electronic market maker and broker has calculated support and resistance levels at $14.04 and $17.24 respectively. The other top performer was Ameriprise (NYSE:AMP), which closed the trading session at $49.87 representing -2.48% from the previous session.

The sector's worst performers include Jefferies (NYSE:JEF) that closed the trading session at $12.75 or -4.85% from the previous close. Shares of Jefferies, the independent full service global securities services and investment banking firm have defined support at $12.87 and resistance at $13.84. Also among the worst performers was E*TRADE (NASDAQ:ETFC), which closed the trading session at $7.83 representing -4.22% from the previous session.