Markets were flat yesterday, yet WEC Energy Group Inc, Fortis Inc., Xcel Energy Inc showed impressive gains and made this list of top gainers.
Markets completed a mixed session yesterday, as Nasdaq ended the session at 11,200 after a 0.45% gain. Dow Jones slipped 0.28% and closed at 31,819.
Current market events are being influenced by ambiguous macro data as United States Participation Rate (Feb) released yesterday at 13:30 UTC with a figure of 118.3, while the previous figure was 62.4.
Despite yesterday's flat session, several utilities stocks are managing to post notable gains. Take a look at the market's Top Gainers:
+3.29%: Xcel Energy posts solid session with 3.29% gain; upside capped at $66.3
Having closed Friday at $63.22, bullish sentiment helped Xcel Energy Inc to reach highs around $66.3 before paring gains and ending yesterday at $65.3. The company has a market cap of $35.91 billion with an average daily trading volume of 2.72 million shares. So far this year, it has been doing worse than the Nasdaq by 14.22%.
+3.37%: Fortis levels up 3.37% in yesterday's session; traders eye opening bell in 3 hours time
The Canadian utilities company rose as high as $40.23 before giving up its gains and dropping back to $39.83 before the close on yesterday. The company is currently trading with a market cap of $19.21 billion with an average daily volume of 619,668 shares. So far this year, it has been under-performing the Nasdaq by 8.91%.
+4.1%: WEC Energy Group levels up 4.1% in yesterday's session; traders eye opening bell in 3 hours time
After closing Friday at $87.57, WEC Energy Group closed at $91.16 yesterday after climbing to $92.34 and dropping back down. The company's market cap currently stands at $28.76 billion with an average daily trading volume of 1.28 million shares. So far this year, it has been doing worse than the S&P by 4.13%.