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April 14, 2023
Against the current: Markets are down, yet PG&E Corporation, Companhia Paranaense de Energia – COPEL, Public Service Enterprise Group Inc go up and make this list of top gainers.
The leading indices are slipping — Dow Jones slipping 0.67% and closing at 33,800. Nasdaq trades at 12,062 after losing 0.86%.
This downslide might be related to financial indicators data published earlier as Core Retail Sales in United States fell short of market expectations (-0.3%) with a reading of -0.8%, continuing the decline from the previous figure of 0%.
Markets are falling this session, but some utilities stocks are registering gains. Take a look at today's positive market movers.
Muted session so far for Public Service Enterprise Group as it oscillates around $63.49
Without a clear-cut direction, Public Service Enterprise Group Inc is trading around $63.49 and ranging between $62.92 and $63.63. Public Service Enterprise Group's market cap is currently $31.67 billion with an average daily volume of 2.99 million shares. So far this year, it has been under-performing the S&P by 5.47%.
Pacific Gas & Electric | +0.24% in mid-session
Having set a significant high of $16.96 2 days ago, the gas and electric company is trading 0.94% lower. So far this year, it has been doing worse than the Nasdaq by 7.48%. The company is currently trading with a market cap of $38.37 billion with an average daily trading volume of 17 million shares. Pacific Gas & Electric's last revenue report was $5.37 billion with an EPS of 26 cents.
A slow down? After three days of going up, Companhia Paranaense de Energia is flat today, hovering around $7.71.
After dropping down to $7.57, the Brazilian utilities giant recovers some losses and is currently trading at $7.71. Companhia Paranaense de Energia is currently trading with a market cap of $21 billion with an average daily trading volume of 501,284 shares. The Nasdaq has been doing worse in 2022, it has been passing it by 0.13%.
