LONDON, December 17, 2013 /PRNewswire/ --
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On Monday, December 16, 2013, the U.S. equity market started the week on a positive note. The S&P 500 ended the day at 1,786.54, up 0.63%; the Dow Jones Industrial Average closed at 15,884.57, up 0.82%; and the NASDAQ Composite Index finished at 4,029.52, up 0.71%. The S&P 500 Utilities Sector Index gained 0.59% to close the session at 190.20; and S&P 500 Electric Utilities Sub Industry Index gained 0.50% to finish at 212.51. The S&P 500 Electric Utilities Sub Industry Index has advanced 0.46% in the previous three trading sessions, outperforming the S&P 500, which has gained 0.24% during the same period. Additionally, the S&P 500 Multi-Utilities Sub Industry Index closed the session 0.71% higher at 25.26. The major movers in the utilities sector included Cia Energetica de Minas Gerais (NYSE: CIG), NextEra Energy Inc. (NYSE: NEE), Consolidated Edison Inc. (NYSE: ED), and Centrais Eletricas Brasileiras S.A. (NYSE: EBR). All these companies are tracked by AAAResearchReports.com. Download free technical analysis and charting reports on CIG, NEE, ED, and EBR now at:
Cia Energetica de Minas Gerais's stock closed the day at $7.75, up 1.17% from the previous day's closing price of $7.66. On Monday, the company's shares vacillated between $7.72 and $7.81 during the trading session. A total of 2.47 million shares were traded, which is below the daily average volume of 2.73 million. Despite Monday's gains, the company's shares have lost 4.67% in the previous three trading sessions, underperforming the S&P 500, which has gained 0.24% during the same period. Moreover, Cia Energetica de Minas Gerais's stock is trading below its 50-day and 200-day moving averages of $8.65 and $9.43, respectively. Download free research on CIG today by registering at:
Shares in NextEra Energy Inc. edged 0.18% higher on Monday, finishing the day at $82.86, after oscillating between $82.66 and $83.82 during the trading session. A total of 2.13 million shares were traded, which is above the daily average volume of 2.06 million. NextEra Energy Inc.'s shares have gained 0.56% in the previous three trading sessions, outperforming the S&P 500, which has advanced 0.24% during the same period. Further, the company's stock is trading above its 200-day moving average of $81.28. Sign up and have access to our free report on NEE at:
Consolidated Edison Inc.'s stock advanced 0.48% on Monday, tracking gains in the US equity market. The company's shares ended the day at $54.59, after fluctuating between $54.29 and $54.98 during the trading session. A total of 1.97 million shares were traded, which is below the daily average volume 2.05 million. The company's shares have advanced 0.24% in the previous three trading sessions, which is at par with the gain in the S&P 500 during the same period. However, Consolidated Edison Inc.'s stock is trading below its 50-day and 200-day moving averages of $56.61 and $58.26, respectively. Sign up and read the complimentary report on ED at:
Shares in Centrais Eletricas Brasileiras S.A. surged 3.20% to close the session at $2.58. The company's stock oscillated between $2.53 and $2.64 during Monday's trading session. A total of 0.85 million shares were traded, which is below the daily average volume of 1.11 million. The company's shares have gained 1.18% in the previous three trading sessions, outperforming the S&P 500, which has gained 0.24% during the same period. Despite Monday's gains, Centrais Eletricas Brasileiras S.A.'s stock is trading below its 50-day and 200-day moving averages of $2.87 and $2.65, respectively. The free report on EBR can be downloaded by signing up now at:
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SOURCE AAA Research Reports