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June 25, 2023Against the current: Markets slid, yet Companhia Paranaense de Energia – COPEL and Centrais Elétricas Brasileiras S.A. – Eletrobrás went up and made this list of Friday's top utilities stocks gainers.
Leading equity indices in the US declined as S&P 500 lost 0.77% and ended the session at 4,348.33. Nasdaq closed at 13,500, a 1% change.
Even though markets fell Friday, some utilities stocks were bullish. Have a look at these Top Gainers from Friday's session:
Companhia Paranaense de Energia | Up 4% to $8.29 Friday
Having soared to a high of $8.29 approximately 2 days ago, the Brazilian utilities giant is now trading 3.86% lower. The Nasdaq has been doing worse in 2022, it has been passing it by 1.95%. Companhia Paranaense de Energia has a market cap of $22.69 billion with an average daily volume of 409,330 shares. Companhia Paranaense de Energia's last revenue report was $5.53 billion with an EPS of 5 cents.
Centrais Electricas Brasileiras gains 2.09%, closes at $8.32 ahead of the quarterly earnings report set for tomorrow
Centrais Electricas Brasileiras rallied 2.09% and ended the session at $8.32. Currently, the hydroelectric power generation company has a market capitalization of $19.20 billion so far this year, it has been under-performing the Nasdaq by 8%.
Centrais Electricas Brasileiras is trading in a $8.12 – $8.39 range prior to its earnings announcement.
