Against the current: Markets slid, yet Korea Electric Power Corporation, PG&E Corporation, Algonquin Power & Utilities Corp. went up and made this list of yesterday's top utilities stocks gainers.
Leading equity indices in the US declined as after dropping 1.08%, Dow Jones closed at 33,700. S&P 500 shed 1.16% and closed at 4,119.58.
While price action maintains a negative bias, United States JOLTs Job Openings (Mar) released yesterday at 14:00 UTC with a figure of 9.59 million, while the previous figure was 9.97 million.
Despite markets falling yesterday, some utilities stocks managed to post gains. Have a look at these Top Gainers.
Pacific Gas & Electric | Closed +0.35% at $17.26
PG&E Corporation ended Monday at $17.2. yesterday it went up to $17.33 only to drop back, yet still managed to close at $17.26.
Pacific Gas & Electric is scheduled to announce earnings results tomorrow. The consensus Earnings Per Share estimate is 0.3 and the consensus revenue estimate is $5.33 billion.
+1.43%: Korea Electric Power ended yesterday at $7.09, a 1.43% increase
The South Korean electric utility provider went up to $7.09, gaining 1.43%. Korea Electric Power's market cap is currently $9.10 billion with an average daily volume of 205,021 shares. So far this year, it has been doing worse than the Nasdaq by 22.62%.
+0.24%: Algonquin Power & Utilities appreciates 0.24% with $8.48 as the high of the day
After dipping down to $8.29, Algonquin Power & Utilities regained earlier losses and reached $8.47. The company is currently trading with a market cap of $5.83 billion with an average daily trading volume of 5.96 million shares. So far this year, it has been beating the Nasdaq by 12.06%.