Against the current: Markets slid, yet New Fortress Energy Inc., Companhia Paranaense de Energia – COPEL, Centrais Elétricas Brasileiras S.A. – Eletrobrás went up and made this list of yesterday's top utilities stocks gainers.
Leading equity indices in the US declined as S&P 500 lost 0.67% and ended the session at 3,695. Nasdaq slipped 0.85% and closed at 10,681.
This downslide might be related to financial indicators data published earlier as highly important Crude Oil Inventories data from United States beat analyst expectations of 1.38 million with a reading of -1.73 million.
Despite markets falling yesterday, some utilities stocks managed to go up. Have a look at these top gainers.
Centrais Electricas Brasileiras | +0.67% at $9.05
Centrais Electricas Brasileiras recovered from the previous trading session's losses and went up to $9.05 yesterday after it traded lower at $8.88. The day's trading volume totalled 2.56 million shares — slightly below the 21-day average of 2.64 million.
Companhia Paranaense de Energia | +1.15% at $6.18
Companhia Paranaense de Energia ended Tuesday at $6.11. yesterday it went up to $6.24 only to drop back, yet still managed to close at $6.18. The day's trading volume totalled 310,122 shares — lower than the 21-day average of 570,459.
New Fortress Energy | +4.35% at $47.73
Bullish sentiment helped New Fortress Energy to hammer out a noteworthy $45.3 to $47.75 range yesterday, and finally closing at $47.73 to end the session.