5 Stocks Boosting The Banking Industry Higher

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One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 5 points (0.0%) at 16,485 as of Friday, Dec. 27, 2013, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,370 issues advancing vs. 1,569 declining with 149 unchanged.

The Banking industry currently sits down 0.1% versus the S&P 500, which is unchanged. A company within the industry that increased today was Mitsubishi UFJ Financial Group ( MTU), up 0.9%. A company within the industry that fell today was Woori Finance Holdings ( WF), up 1.7%.

TheStreet would like to highlight 5 stocks pushing the industry higher today:

5. Royal Bank of Scotland Group (The ( RBS) is one of the companies pushing the Banking industry higher today. As of noon trading, Royal Bank of Scotland Group (The is up $0.16 (1.5%) to $11.20 on light volume. Thus far, 349,850 shares of Royal Bank of Scotland Group (The exchanged hands as compared to its average daily volume of 982,700 shares. The stock has ranged in price between $11.19-$11.25 after having opened the day at $11.22 as compared to the previous trading day's close of $11.04.

The Royal Bank of Scotland Group plc, through its subsidiaries, provides banking and financial products and services to personal, commercial, corporate, and institutional customers worldwide. Royal Bank of Scotland Group (The has a market cap of $34.0 billion and is part of the financial sector. Shares are up 2.3% year to date as of the close of trading on Thursday. Currently there is 1 analyst that rates Royal Bank of Scotland Group (The a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Royal Bank of Scotland Group (The as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income and expanding profit margins. However, as a counter to these strengths, we find that the growth in the company's earnings per share has not been good. Get the full Royal Bank of Scotland Group (The Ratings Report now.

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