Centrais Electricas Brasileiras is today's top mover after declining 4.14%
The leading indices were losing ground — Nasdaq trades at 12,100 after losing 0.22%. S&P 500 slipping 0.13% and closing at 4,132.39.
Today's price action is taking place amid mixed market indicators – United States NY Empire State Manufacturing Index (Apr) came out at 10.8, while a consensus of analysts was expecting -18.
Assets that recorded the greatest percentage change in relation to their peers are designated as "Top Movers" with the most active utilities stocks listed below.
Centrais Electricas Brasileiras | Currently down 4.14% at $6.83
The hydroelectric power generation company down by 29.5 cents (4.14%). This is the largest single day drop since Mar 21. Centrais Electricas Brasileiras hit a significant low of $5.75 around 25 days ago, but has since recovered 23.83%. So far this year, it has been under-performing the Nasdaq by 16.38%. Centrais Electricas Brasileiras's market cap is currently $15.75 billion with an average daily trading volume of 1.56 million shares.
AES on track to close around $24.05 after losing 3.24%
As the current session draws to a close, the power plant operator is hovering around the $24.05 level after closing Friday at $24.86 and dropping by 3.24%. The company has a market cap of $16 billion with an average daily volume of 4.48 million shares. So far this year, it has been under-performing the S&P by 19.14%.
Algonquin Power & Utilities | –2.43%; session high: $8.89 session low: $8.41
Drifting lower, the Canadian renewable energy provider is nearing the end of the session at $8.42 after ranging between $8.41 and $8.89 today.