Clarksville-based Financials company First Savings Financial Group Inc. (FSFG:NAQ) sees value rise 40.9% on July 1

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Stock market 20 edited

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Value in Financials stocks rose 9.3 percent on July 1 from the previous day.

The strongest performing Financials company in Indiana was Monument Circle Acquisition Corp. (MON:NAQ), sitting 1,107.4 percent higher to sell at $9.82.

Richmond Mutual Bancorporation Inc. (RMBI:NAQ) fared the worst among Indiana companies, suffering an 80.3 percent drop to $13.59.

Among Clarksville companies, First Savings Financial Group Inc. (FSFG:NAQ) saw the highest rise in value of 40.9 percent on July 1.

The Energy sector was the daily best-performing sector on the market.

Utilities was the worst-performing sector.

Healthcare and technology stocks are viewed as the safest bets for long-term gains.

Besty Kuekcer with Benzinga.com said healthcare-related stocks, such as hospital conglomerates and insurance companies, have weathered numerous economic crises and still make a profit, suggesting that they are generally a stable investment.

While technology stocks can be more risky, given the boom-bust nature of new tech companies, Kuecker recommended a diverse portfolio of tech companies to strike it big when companies succeed or sell to other larger companies.

For short-term investments, Kuecker recommended “consumer discretionary” stocks, which are sensitive to economic changes but can rise greatly on the back of a strong economy.

Nothing in this article is to be assumed as financial advice.

Rank of stock market sectors on July 1

Sector% ChangeHighest Positive ChangeLargest Negative Change
Energy15.5%6,073.8%-89.3%
Financials9.3%556,864.5%-100%
Telecommunications6.6%2,323.2%-93.4%
Health Care5.6%24,377.5%-97.8%
Consumer Discretionary3.4%153,000%-98.7%
Technology2.3%457,064.4%-94.3%
Industrials1.9%11,161.5%-96.6%
Consumer Staples1.8%4,403.4%-84.9%
Basic Materials1.7%48,663.9%-94.7%
Real Estate1.6%4,410.6%-98.8%
Utilities1.4%28,219.2%-86.6%

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