Markets were flat yesterday, yet Centrais Elétricas Brasileiras S.A. – Eletrobrás, Companhia Paranaense de Energia – COPEL, PG&E Corporation showed impressive gains and made this list of top gainers.
Markets did not have a clear cut direction — after dropping 0.18%, Nasdaq closed at 11,300. S&P 500 closed 4,016.22 after a stable day.
Current market events are being influenced by ambiguous macro data as United States Core Durable Goods Orders beat the -0.2% projections, with -0.1%.
Despite yesterday's flat session, several utilities stocks are managing to post notable gains. Take a look at the market's Top Gainers:
Pacific Gas & Electric ended the session at $16, up 1.07%, adding another to its 4th straight day of gains
Pacific Gas & Electric ended Tuesday at $15.83. yesterday it went up to $16 only to drop back, yet still managed to close at $16. The company is currently trading with a market cap of $33.96 billion with an average daily volume of 12.52 million shares. So far this year, it has been under-performing the Nasdaq by 7.21%.
+2.2%: Companhia Paranaense de Energia gains 2.2% within $7.34 to $7.52 daily range
The Brazilian utilities giant went up to $7.43, gaining 2.2%. The company's market cap currently stands at $20.33 billion with an average daily volume of 473,758 shares. The Nasdaq has been doing worse in 2022, it has been passing it by 0.18%.
Centrais Electricas Brasileiras | Up 3.96% to $8.4 yesterday
The Brazilian electric utilities company has gained 11.14% since its lowest print of $6.25 earlier this year. So far this year, it has performed better than the Nasdaq by 2.97%. The hydroelectric power generation company's market cap currently stands at $19.29 billion with an average daily trading volume of 1.34 million shares.