Against the current: Markets slid, yet Centrais Elétricas Brasileiras S.A. – Eletrobrás, Xcel Energy Inc, American Electric Power Company Inc went up and made this list of yesterday's top utilities stocks gainers.
Leading equity indices in the US declined as Dow Jones shed 0.87% and closed at 31,875. S&P 500 closed at 3,892, a 0.7% change.
Even though markets fell yesterday, some utilities stocks were bullish. Have a look at these Top Gainers from yesterday's session:
+2.86%: yesterday Xcel Energy increased by 2.86%, ended the session at $67.31
Xcel Energy Inc jumps 2.86% to close at $67.31 yesterday. Xcel Energy's market cap currently stands at $37 billion with an average daily trading volume of 2.72 million shares. So far this year, it has been under-performing the Nasdaq by 13.81%.
+2.59%: American Electric Power ended yesterday at $92.59, a 2.59% increase
AEP jumps 2.59% to close at $92.59 yesterday. AEP's market cap is currently $47.58 billion with an average daily volume of 2.79 million shares. So far this year, it has been doing worse than the Nasdaq by 12.75%.
+4.4%: bullish mood lifts Centrais Electricas Brasileiras to session high of $6.46
Centrais Electricas Brasileiras rose 27 cents to close at $6.4 yesterday which makes for a move of 4.4%. The hydroelectric power generation company's market cap currently stands at $14.77 billion with an average daily volume of 1.64 million shares. So far this year, it has been doing worse than the Nasdaq by 23.28%.
Centrais Electricas Brasileiras is trading in a $6 – $6.46 range prior to its earnings announcement.