Utilities Up on Safe-Haven Demand -- Utilities Roundup
Dow Jones12-16 06:41
Shares of power producers rose as traders sought out safe havens and defensive sectors ahead of key data.
Treasury yields, which often move inversely to utility stocks, fell ahead of the data.
Singaporean power company Sembcorp Industries' acquisition of Australia's Alinta Energy is a positive strategic move into the Australian power market, said Phillip Securities Research.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
December 15, 2025 17:41 ET (22:41 GMT)
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