Pre-Market Review: Consolidated Edison Inc., Cia Energetica de Minas Gerais,
NextEra Energy Inc., and Centrais Electricas Brasileiras S.A.
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LONDON, October 29, 2013
LONDON, October 29, 2013 /PRNewswire/ --
The U.S. equity market closed on a mixed note on Monday, October 28, 2013. The
S&P 500 gained 0.13%, while the Dow Jones Industrial Average and NASDAQ
Composite ended lower by 0.01% and 0.08%, respectively. Shares in the electric
utilities industry ended on a mixed note, as the broader market fluctuated
between gains and losses. The major movers in the industry included
Consolidated Edison Inc. (NYSE: ED), Cia Energetica de Minas Gerais (NYSE:
CIG), NextEra Energy Inc. (NYSE: NEE), and Centrais Eletricas Brasileiras S.A.
(NYSE: EBR). AAAResearchReports.com initiated preliminary technical research
on ED, CIG, NEE, and EBR. These free reports are accessible by signing today
Consolidated Edison Inc.'s stock declined 0.29% on Monday, closing the day at
$58.42, after oscillating between $58.23 and $58.80 during the trading
session. A total of 6.99 million shares were traded, which is significantly
above the daily average volume of 1.91 million. Despite Monday's pullback, the
company's shares have gained 5.93% in the previous one month, compared to a
gain of 4.16% in the S&P 500 during the same period. Further, Consolidated
Edison Inc.'s stock is trading above its 50-day and 200-day moving averages of
$55.99 and $58.29, respectively. The free technical analysis on ED is
available by signing up at:
Cia Energetica de Minas Gerais' stock advanced 1.55% on Monday, even as the
broader market finished on a mixed note. The company's shares ended the day at
$9.16 after fluctuating between $9.10 and $9.18 during the trading session. A
total of 2.60 million shares were traded, which is above the daily average
volume of 2.43 million. The company's shares have advanced 6.76% in the
previous one month, outperforming the S&P 500, which has gained 4.16% during
the same period. Moreover, Cia Energetica de Minas Gerais' stock is trading
above its 50-day moving average of $8.58. Register now to download free
research on CIG at:
On Monday, NextEra Energy Inc.'s stock edged lower to close at $85.16, down
0.92% from the previous day's closing price of $85.95. The company's shares
oscillated between $84.69 and $86.05 during the trading session. A total of
2.34 million shares were traded, which is above the daily average volume of
1.86 million. The company's shares have gained 6.36% in the previous one
month, compared to a gain of 4.16% in the S&P 500 during the same period.
Despite Monday's losses, NextEra Energy Inc.'s stock is trading above its
50-day and 200-day moving averages of $81.10 and $78.98, respectively. A free
report on NEE can be accessed by registering at:
Centrais Eletricas Brasileiras S.A.'s stock gained 1.82% on Monday, even as
the U.S. equity market fluctuated between gains and losses. The company's
shares ended the day at $3.36 after fluctuating between $3.33 and $3.40 during
the trading session. A total of 0.56 million shares were traded, which is
below the daily average volume of 1.14 million. The company's shares have
rallied 52.04% in the previous three months and 23.99% in the last one month,
outperforming the S&P 500, which has gained 4.17% and 4.16% during the
respective periods. Further, Centrais Eletricas Brasileiras S.A.'s stock is
trading above its 50-day and 200-day moving averages of $2.73 and $2.77,
respectively. Register with AAA Research Reports and download research on EBR
for free at:
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