Against the current: Markets slid, yet Companhia Paranaense de Energia – COPEL, PG&E Corporation, Public Service Enterprise Group Inc went up and made this list of Friday's top utilities stocks gainers.
Leading equity indices in the US declined as Dow Jones lost 0.42% and ended the session at 33,900. Nasdaq closed at 12,123, a 0.35% change.
Meanwhile, United States NY Empire State Manufacturing Index (Apr) came out at 10.8, while a consensus of analysts was expecting -18.
Even though markets fell Friday, some utilities stocks were bullish. Have a look at these Top Gainers from Friday's session:
PSEG maintains composure within $62.83 to $63.68 range
Without a clear direction, Public Service Enterprise Group closed at $63.5 while ranging between $62.83 and $63.68. PSEG is currently trading with a market cap of $31.67 billion with an average daily trading volume of 2.95 million shares. So far this year, it has been under-performing the S&P by 5.22%.
+0.54%: Pacific Gas & Electric posts solid session with 0.54% gain; upside capped at $16.93
After closing at $16.8 on Thursday, Pacific Gas & Electric rallied as high as $16.93 but ended the day at $16.89. The company is currently trading with a market cap of $38.48 billion with an average daily trading volume of 16.79 million shares. So far this year, it has been doing worse than the Nasdaq by 6.51%.
Companhia Paranaense de Energia | Up 0.78% to $7.76 Friday
Companhia Paranaense de Energia hit a significant low of $5.79 around 6 months ago, but has since recovered 33%. So far this year, it has been outperforming the Nasdaq by 1.52%. The company's market cap currently stands at $21.24 billion with an average daily volume of 499,277 shares.