The markets are set to close higher to end today's trading session; Centrais Electricas Brasileiras rose 1.78% and leads the pack of top utilities stocks
Markets are up including news that Nasdaq up 1.15%, trading at 13,400. S&P 500 up to 4,323.45, gaining 0.57%.
At the same time, United States Federal Budget Balance (May) came out at -240 billion, while a consensus of analysts was expecting -236 billion.
Here are the biggest utilities stocks gainers so far today.
+0.65%: AES trades up 13 cents, approximately 0.65% higher going into close in a hour time
After dipping down to $19.89, the utility and power generation company regained earlier losses, reaching $20.22 as the end of the session nears. The company has a market cap of $13.53 billion with an average daily trading volume of 6.70 million shares. So far this year, it has been under-performing the S&P 500 by 39.57%.
CenterPoint Energy | +0.47%; session high: $29.41 session low: $29
The Fortune 500 electric and natural gas utility company now trading 5.04% above its 3-month low of $25.55. So far this year, it has been doing worse than the S&P by 13.1%. CenterPoint Energy's market cap currently stands at $18.35 billion with an average daily volume of 4.50 million shares. CenterPoint Energy is forecasted to generate revenues of $2.76 billion and EPS of 50 cents.
Centrais Electricas Brasileiras rises 1.78% to $8 despite of disappointing earnings report
After ending Friday at $7.85, the Brazilian electric utilities company went up to $8.03 only to drop back some of the way. It is now trading around $8 as it reaches the end of the trading session. Centrais Electricas Brasileiras has a market cap of $18.43 billion with an average daily trading volume of 1.28 million shares. So far this year, it has been doing worse than the Nasdaq by 13.68%.
Centrais Electricas Brasileiras reported earnings of 0.32 per share and revenue at $9.21 billion.