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June 27, 2023
Against the current: Markets slid, yet Korea Electric Power Corporation, NRG Energy Inc, 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 Nasdaq was down 1.16% before closing the session at 13,336. S&P 500 lost 0.45% and ended the session at 4,328.82.
While price action maintains a negative bias, United States 2-Year Note Auction released yesterday at 17:00 UTC with a figure of 4.67, while the previous figure was 4.3.
Despite markets falling yesterday, some utilities stocks managed to post gains. Have a look at these Top Gainers.
+3.52%: solid session for NRG Energy generates 3.52% gain yesterday
Pronounced bullish sentiment in the market helped the Houston-based energy supplier to make a notable 3.52% gain yesterday, rising $1.22 and ultimately closing at $35.91. Currently, the Houston-based energy supplier has a market capitalization of $8.27 billion with an average daily volume of 6.11 million shares. So far this year, it has been beating the S&P by 1.35%.
+4.46%: Korea Electric Power levels up 4.46% in yesterday's session; traders eye opening bell in 9 hours time
Having closed Friday at $6.95, bullish sentiment helped Korea Electric Power to reach highs around $7.31 before paring gains and ending yesterday at $7.26. South Korea's largest electric utility company's market cap currently stands at $9.32 billion with an average daily trading volume of 216,991 shares. So far this year, it has been doing worse than the Nasdaq by 28.57%.
Algonquin Power & Utilities | Up 3.11% to $8.3 yesterday
Algonquin Power & Utilities increases its stock value by 3.11% for its largest single-day gain since Apr 21. The Canadian renewable energy provider has fallen back around 44.67% over the past 10 months, from a notable high of $14.55. So far this year, it has been outperforming the Nasdaq by 2.37%. Algonquin Power & Utilities's market cap currently stands at $5.72 billion with an average daily trading volume of 5.35 million shares. Algonquin Power & Utilities is forecasted to generate revenues of $753.18 million and EPS of 15.82 cents.
