UBS lost 5.5% during Friday's session; goes up in pre-market trading (+3.52% to $18.84)

As traders prepare for a higher market open today, Friday's bearish sentiment is in focus: during Friday's session, UBS Group AG toiled and struggled for upward momentum before closing at $18.2. By the close, the the Swiss banking juggernaut suffered a $1.06 or 5.5% loss.

• Daily trading volume (6.28 million shares) was higher than the current multiday average of 2.48 million.

With around 23 hours until market open on the New York Stock Exchange, Friday's session saw to it that Nasdaq goes down 0.74% before ending the session at 11,631. UBS was down Friday while similar drops were seen throughout the Financial Services sector (down 1.02%).

The Swiss banking juggernaut reached a significant high of $22.16 around 13 days ago but has lost 13.09% since then. So far this year, it has been doing worse than the Nasdaq by 4.72%. UBS has a market cap of $56.56 billion with an average daily volume of 2.48 million shares. UBS expected revenue of $8 billion with an EPS of 38 cents.

UBS was not the only decliner in the financials sector; HSBC Holdings lost 4.09% Friday and closed at $33.08. Berkshire Hathaway went down 2.81%, closed at $302. JP Morgan Chase dips 3.78% Friday to close at $130.75.