Utilities Sector Wrap

Markets FOXBusiness

The Utilities sector (XLU) showed little change during trading today while the S&P 500 rose 0.7%.

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The ETF, as a proxy for the sector, tracked farther from the overall market today than over the past month. As trading began today, XLU was up 1.3% over the last thirty trading days while the S&P 500 climbed 1.7%.

EDENOR (EDN) was a major gainer in the sector, rising 15.7% (+36 cents) to close at $2.66 with 1,900 shares moving. The stock traded in a range of $2.38 to $2.74.

Cheniere Energy (LNG) was one of the sector's big losers, as its price dropped 5.8% (-85 cents) to close at $13.84. 24.3 million shares of the stock moved. The stock traded between $13.75 and $14.08. The stock is down over the last three months, having fallen $3.98 (-22.3%) from $17.82 on April 19, 2012.

Northwest Natural Gas (NWN) rose 1.5% to close at $47.57, crossing its 50-day moving average of $47.19. Meanwhile, EnerNOC (ENOC) dropped 0.7% to close at $6.84, moving below its 200-day moving average or $7.46.

Black Hills (BKH) rose 2.9% to close at $31.75, approaching its 50-day moving average of $32.18. It has also moved closer to its 200-day moving average of $32.83. Brookfield Infrastructure Partners L.P (NGG) fell 1% to close at $33.41, moving closer to its 50-day moving average of $32.78. Also, the stock moved closer to its 200-day moving average of $51.40.

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Sempra Energy (SRE) hit a new 52-week high today, reaching $69.62 to top the previous high of $69.50.