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March 10, 2023
Against the current: Markets are down, yet National Grid plc, Korea Electric Power Corporation, Essential Utilities, Inc. go up and make this list of top gainers.
The leading indices are falling — Dow Jones trades at 32,168 after losing 0.27%. S&P 500 slipping 0.26% and closing at 3,908.29.
On the other hand, positive data was released earlier when United States Non Farm Payrolls released today at 13:30 UTC is better than expected at 311,000 but down from preceding data of 504,000 according to new data.
Though markets had an unsatisfactory day yesterday, some utilities stocks manage to recover as Top Gainers. Take a look:
+3.09%: strong start to the session sees National Grid Transco peaking at $63.82
After closing the previous trading day at $61.91, National Grid Transco is up to $63.82, which makes for a move of 3.09%/$1.91 today. National Grid Transco's market cap currently stands at $46.93 billion with an average daily volume of 250,146 shares. So far this year, it has been doing worse than the Nasdaq by 6.04%.
After three days of going down, Korea Electric Power is up 1.22% today
After closing the previous trading day at $6.54, Korea Electric Power is up to $6.62, which makes for a move of 1.22%/8 cents today. Korea Electric Power has a market cap of $8.50 billion with an average daily volume of 187,409 shares. So far this year, it has been under-performing the Nasdaq by 24.11%.
The company trades at $6.62 ahead of quarterly performance report which is scheduled to be released Monday.
Essential Utilities | +1.22% to start today's session
This year has been a gloomy one for the US utility company after trading as high as $52.59 and going on to lose 13.25% of its value. So far this year, it has been under-performing the Nasdaq by 21.64%. The company's market cap currently stands at $11.17 billion with an average daily trading volume of 1.33 million shares. Essential Utilities has a forecast of $573.22 million with an EPS of 45 cents.
