Against the current: Markets slid, yet Centrais Elétricas Brasileiras S.A. – Eletrobrás, Companhia Paranaense de Energia – COPEL, DTE Energy Co went up and made this list of yesterday's top utilities stocks gainers.
Leading equity indices in the US declined as Dow Jones shed 1.45% and closed at 33,849. S&P 500 was down 1.54% before closing the session at 3,964.
Amid the market gloom, United States CFTC Crude Oil speculative net positions released yesterday at 19:30 UTC with a figure of 252,500, while the previous figure was 278,300.
Even though markets fell yesterday, some utilities stocks managed to go up. Have a look at these top gainers.
DTE Energy | +0.45% at $115.3
After ending Friday at $114.78, DTE Energy Co spiked to $115.72 yesterday, dropped back to starting point range, and rallied again to $115.3.
Companhia Paranaense de Energia | +0.68% at $7.36
Generally flat but with a slight bullish bias, Companhia Paranaense de Energia ranged between $7.25 and $7.37 before closing higher at $7.36. The day's trading volume totalled 866,930 shares — slightly below the 21-day average of 922,909.
The company trades at $7.36 ahead of quarterly performance report which is scheduled to be released tomorrow.
Centrais Electricas Brasileiras | +0.83% at $8.52
Having ended a bullish session yesterday at $8.52, momentum helped Centrais Electricas Brasileiras finish the day 7 cents or 0.83% higher, although mixed sentiments ensured the hydroelectric power generation company etched out a distinct $8.35 to $8.55 session range. The day's trading volume totalled 897,205 shares — under the 21-day average of 2.86 million.
Centrais Electricas Brasileiras trades at $8.52 ahead of quarterly performance report which is scheduled to be released today.