Against the current: Markets slid, yet Centrais Elétricas Brasileiras S.A. – Eletrobrás, Korea Electric Power Corporation, Vistra Corp. went up and made this list of yesterday's top utilities stocks gainers.
Leading equity indices in the US declined as Nasdaq was down 0.59% before closing the session at 10,984. S&P 500 shed 0.16% and closed at 3,957.63.
On the other hand, positive data was released earlier when highly important Consumer Confidence data from United States beat analyst expectations of 100 with a reading of 100.2.
Even though markets fell yesterday, some utilities stocks managed to go up. Have a look at these top gainers.
Korea Electric Power | +2.53% at $7.71
Bullish sentiment helped South Korea's largest electric utility company to hammer out a noteworthy $7.6 to $7.71 range yesterday, and finally closing at $7.71 to end the session. Yesterday's trading volume was 243,165 shares which is slightly below the 21-day average of 265,136.
Centrais Electricas Brasileiras | +3.29% at $8.8
The hydroelectric power generation company gained 3.29% and stayed at $8.8 levels. The day's trading volume totalled 1.27 million shares — lower than the 21-day average of 2.71 million.
Vistra Corp. | +1.85% at $24.23
An influx of buyers helped the Fortune 275 energy company to end the session higher around $24.23, while establishing a $23.54 to $24.29 session range yesterday.