Against the current: Markets slid, yet National Grid plc & Korea Electric Power Corporation went up and made this list of Friday's top utilities stocks gainers.
Leading equity indices in the US declined as S&P 500 shed 1.45% and closed at 3,861.59. Nasdaq slipped 1.76% and closed at 11,139.
Even though markets fell Friday, some utilities stocks were bullish. Have a look at these Top Gainers from Friday's session:
National Grid Transco | +2.23% in pre-market trade with 2 hours until open
The British electricity and gas utility company went up to $62.44, gaining 0.86%.
Korea Electric Power | Closed +0.61% at $6.58
After closing at $6.54 on Thursday, Korea Electric Power maintained a strong bullish bias that helped the stock close higher at $6.58 Friday. However, market bears ensured the the South Korean electric utility provider topped out at $6.66 and that by the end of the session, the market had marked out a distinct $6.48 to $6.66 range.
Korea Electric Power trades at $6.58 ahead of quarterly performance report which is scheduled to be released today.