Against the current: Markets slid, yet Essential Utilities, Inc., Evergy Inc, PG&E Corporation went up and made this list of yesterday's top utilities stocks gainers.
Leading equity indices in the US declined as S&P 500 lost 1.58% and ended the session at 4,071.63. Nasdaq closed at 11,800, a 1.98% change.
While price action maintains a negative bias, United States New Home Sales (Mar) released yesterday at 14:00 UTC with a figure of 683,000, while the previous figure was 623,000.
Even though markets fell yesterday, some utilities stocks were bullish. Have a look at these Top Gainers from yesterday's session:
Evergy extended its six-day winning streak yesterday by adding 0.94% and closing at $63.68
The electric services company went up to $63.68, gaining 0.94%. The US utilities company's market cap currently stands at $14.62 billion with an average daily volume of 1 million shares. So far this year, it has been doing worse than the S&P by 6.28%.
Pacific Gas & Electric gains 0.76%, closes at $17.27 ahead of the quarterly earnings report set for today
Bullish sentiment helped the gas company to hammer out a noteworthy $17.02 to $17.27 range yesterday, and finally closing at $17.27 to end the session. Pacific Gas & Electric's market cap is currently $39.35 billion with an average daily trading volume of 15 million shares. So far this year, it has been doing worse than the Nasdaq by 3.48%.
Pacific Gas & Electric trades at $17.27 ahead of quarterly performance report which is scheduled to be released today.
+1.36%: Essential Utilities closes at $43.87 after gaining 1.36%
Ending Monday at $43.28, the US water treatment company rallied 1.36% yesterday and stayed at the $43.87 level. Essential Utilities's market cap currently stands at $11.60 billion with an average daily volume of 1 million shares. So far this year, it has been under-performing the Nasdaq by 22.73%.