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 (NYSE:EBR), down about 5% and shares of PNM Resources (NYSE: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 (NYSE:SJI), trading lower by about 3.1% and New Jersey Resources (NYSE:NJR), trading lower by about 3%.
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