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Wednesday Sector Laggards: Electric Utilities, Gas Utilities

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Shutterstock photo

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In trading on Wednesday, electric utilities shares were relative laggards, down on the day by about 1.3%. Helping drag down the group were shares of Centrais Electricas Brasileiras ( EBR ), down about 5% and shares of PNM Resources ( PNM ) off about 4.7% on the day.

Also lagging the market Wednesday are gas utilities shares, down on the day by about 1.3% as a group, led down by South Jersey Industries ( SJI ), trading lower by about 3.1% and New Jersey Resources ( NJR ), trading lower by about 3%.

VIDEO: Wednesday Sector Laggards: Electric Utilities, Gas Utilities

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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