The iShares Global Utilities ETF (AMEX:JXI) is seeing unusually high volume in afternoon trading Monday, with over 457,000 shares traded versus three month average volume of about 27,000. Shares of JXI were down about 1.1% on the day.
Components of that ETF with the highest volume on Monday were AES (NYSE:AES), trading up about 0.2% with over 4.0 million shares changing hands so far this session, and Centerpoint Energy (NYSE:CNP), down about 0.9% on volume of over 2.3 million shares. AGL Resources (NYSE:GAS) is the component faring the best Monday, up by about 0.3% on the day, while Empresa Nacional de Electricidad (NYSE:EOC) is lagging other components of the iShares Global Utilities ETF, trading lower by about 2.5%.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.