Against the current: Markets slid, yet PG&E Corporation, New Fortress Energy Inc., OGE Energy Corp. went up and made this list of yesterday's top utilities stocks gainers.
Leading equity indices in the US declined as S&P 500 was down 0.61% before closing the session at 3,995.32. Nasdaq lost 0.76% and ended the session at 11,171.
Meanwhile, United States Interest Rate released yesterday at 19:00 UTC with a figure of 4.5, while the previous figure was four.
Despite markets falling yesterday, some utilities stocks managed to go up. Have a look at these top gainers.
Pacific Gas & Electric | +2.44% at $16.4
Bullish sentiment helped the gas and electric company to hammer out a noteworthy $15.9 to $16.41 range yesterday, and finally closing at $16.4 to end the session.
OGE | +1.02% at $40.53
After ending Tuesday at $40.12, OGE went up to $40.91 only to drop back, yet still traded well overall and closed at $40.53 yesterday.
New Fortress Energy | +1.22% at $48.88
Having ended a bullish session yesterday at $48.88, momentum helped New Fortress Energy finish the day 59 cents or 1.22% higher, although mixed sentiments ensured the integrated gas-to-power company etched out a distinct $47.94 to $50.03 session range. Daily trading volume (2.14 million shares) increased, making up 194% of the 21-day average (1.10 million).