09:12 AM EDT, 09/27/2024 (MT Newswires) -- Financial stocks were advancing pre-bell Friday with the Financial Select Sector SPDR Fund ( XLF ) 0.3% higher recently.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was up 0.7% and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 0.5% lower.

Prudential (PUK) shares were up more than 3% after the company announced a long-term strategic bancassurance partnership with Bank Syariah Indonesia.

KKR (KKR) said it signed a deal to sell GeoStabilization International to Leonard Green & Partners. KKR shares were up 0.2% pre-bell.

Banco Bilbao Vizcaya Argentaria ( BBVA ) said it has formed a strategic partnership with KKR to support the decarbonization of the economy and has committed $200 million to KKR's Global Climate Strategy. Banco Bilbao Vizcaya Argentaria ( BBVA ) shares were 0.4% lower premarket.