Against the current: Markets slid, yet Korea Electric Power Corporation, Vistra Corp., PG&E Corporation went up and made this list of Friday's top utilities stocks gainers.
Leading equity indices in the US declined as Dow Jones lost 0.9% and ended the session at 33,476. After dropping 0.73%, S&P 500 closed at 3,934.38.
Even though markets fell Friday, some utilities stocks managed to go up. Have a look at these top gainers.
Pacific Gas & Electric | +0.78% at $15.54
Having ended a bullish session Friday at $15.54, momentum helped Pacific Gas & Electric finish the day 12 cents or 0.78% higher, although mixed sentiments ensured the gas and electric company etched out a distinct $15.38 to $15.68 session range.
Korea Electric Power | +8.23% at $8
Having set a significant high of $10.18 a month ago, the South Korean electric utility provider is trading 27.76% lower. The Nasdaq has been doing worse in 2022, it has been passing it by 28.94%. The company has a market cap of $10.30 billion with an average daily volume of 204,563 shares.
The company reported earnings per share of -0.73 per share and a revenue $19.77 billion Thursday. Korea Electric Power gained 5.8% since the release of its earnings report.
Vistra Corp. | +1.14% at $23.86
The Fortune 275 energy company went up to $23.86, gaining 1.14%. Daily trading volume (3.13 million shares) increased, making up 105% of the 21-day average (2.99 million).