Most markets are higher this morning as risk-on sentiment dominates: National Grid plc, Algonquin Power & Utilities Corp., NRG Energy Inc are showing impressive gains as we move into the afternoon trading session.
The leading indices are climbing up — Dow Jones goes up 1.04%, trading at 34,221. Nasdaq up to 11,900, gaining 1.59%.
Here are the biggest utilities stocks gainers so far today.
+1.75%: after closing the last session at $34.86, NRG ascends to $35.47 (up 61 cents)
The Houston-based energy supplier gaining 1.75% and hovering around the $35.47 level. The company is currently trading with a market cap of $8.17 billion with an average daily volume of 3.79 million shares. So far this year, it has been outperforming the S&P 500 by 2.67%.
National Grid Transco | +2.04% in mid-session
After ending the previous day at $62.7, today the Britsh utility vendor made its largest single-day jump of $1.28 (2.04%) since Jan 17, and is now trading around $63.98. 4 months ago, the Britsh utility vendor fell to a low of $47.26 but has since recovered 32.67%. So far this year, it has been doing worse than the Nasdaq by 7.71%. The Britsh utility vendor's market cap currently stands at $47 billion with an average daily trading volume of 265,690 shares.
Algonquin Power & Utilities | +1.82% in mid-session
The Canadian regulated utility conglomerate has shed 48.72% over the past six months. So far this year, it has been under-performing the Nasdaq by 0.96%. Currently, the Canadian regulated utility conglomerate has a market capitalization of $5.17 billion with an average daily volume of 6 million shares. Algonquin Power & Utilities has a forecast of $594.76 million with an EPS of 16 cents.