Shares of Globe Life Inc. /zigman2/quotes/205226137/composite GL +0.09% rallied 1.03% to $98.48 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -0.15% rising 0.37% to 4,536.19 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.38% rising 0.43% to 35,609.34. This was the stock's second consecutive day of gains. Globe Life Inc. closed $9.74 short of its 52-week high ($108.22), which the company reached on May 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as China Life Insurance Co. Ltd. ADR /zigman2/quotes/206573290/composite LFC -2.00% remained unchanged, Prudential PLC ADR /zigman2/quotes/205760760/composite PUK +0.83% fell 0.98% to $40.55, and MetLife Inc. /zigman2/quotes/206319319/composite MET +0.96% rose 1.39% to $66.60. Trading volume (277,510) remained 52,395 below its 50-day average volume of 329,905.