09:14 AM EDT, 08/13/2025 (MT Newswires) -- Financial stocks were advancing premarket Wednesday, with The Financial Select Sector SPDR Fund (XLF) up 0.3%.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was 0.9% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was down 0.9%.

Marex Group ( MRX ) shares were up more than 9% after the company posted higher Q2 adjusted earnings and revenue.

Euronet Worldwide ( EEFT ) stock was down more than 4% after the company said it plans to raise $850 million in a private placement of convertible senior notes due 2030 with institutional buyers.

Apollo Global Management ( APO ) shares were 0.8% higher after the company said certain of its managed funds have agreed to purchase a majority stake in Kelvion, a Germany-based provider of energy-efficient heat exchange and cooling services, from funds advised by Triton.