Corydon-based Banks company First Capital Inc. (FCAP:NAQ) sees value fall 10.7% on July 7

Corydon-based Banks company First Capital Inc. (FCAP:NAQ) sees value fall 10.7% on July 7

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The value in Banks stocks rose 4.6 percent on July 7 from the previous day.

The strongest performing Banks company in Indiana was First Savings Financial Group Inc. (FSFG:NAQ), sitting 573.5 percent higher to sell at $23.66.

Richmond Mutual Bancorporation Inc. (RMBI:NAQ) fared the worst among Indiana companies, suffering a 47.7 percent drop to $13.8.

Among Corydon companies, First Capital Inc. (FCAP:NAQ) saw the biggest fall in value of 10.7 percent on July 7.

The Tobacco industry was the daily best-performing industry on the market. The market is divided into 44 different industries.

Life Insurance was the worst-performing industry.

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 industries on July 7

Industry% ChangeHighest Positive ChangeLargest Negative Change
Tobacco18.3%92,169,542.9%-100%
Telecommunications Service Providers5.3%33,120%-88%
Banks4.6%14,149.2%-97.3%
Oil, Gas and Coal3.9%215,170,840.2%-100%
Leisure Goods3.8%125,446,447.9%-100%
Aerospace and Defense3.8%2,409.9%-100%
Software and Computer Services3.7%149,233,800%-100%
Electronic and Electrical Equipment3.7%927.1%-100%
Industrial Engineering3.4%1,164.8%-100%
General Industrials3.3%603.2%-84.6%
Construction and Materials3.1%13,209,422.8%-100%
Household Goods and Home Construction2.9%5,919.5%-100%
Technology Hardware and Equipment2.7%6,402,522.7%-100%
Telecommunications Equipment2.7%1,215,290.7%-93.9%
Media2.2%44,619,795.9%-100%
Pharmaceuticals and Biotechnology1.9%267,011,073.2%-100%
Industrial Materials1.8%33.2%-84.6%
Food Producers1.8%86,893,632.5%-100%
Chemicals1.7%122,158,507.4%-100%
Travel and Leisure1.5%176,610.7%-100%
Electricity1.5%1,400,477,010.9%-100%
Medical Equipment and Services1.3%170,137,975.3%-100%
Mortgage Real Estate Investment Trusts1.2%15,942,337.9%-100%
Finance and Credit Services1.2%1,598.2%-100%
Automobiles and Parts1%5,266.1%-73.8%
Industrial Support Services0.9%411,320.3%-100%
Industrial Transportation0.7%10,550,053.4%-100%
Closed End Investments0.5%25,945.2%-100%
Retailers0.5%15,433.5%-100%
Health Care Providers0.3%24,838,653.4%-100%
Real Estate Investment Trusts0.2%45,805,450.4%-100%
Alternative Energy0.2%43,087.9%-99.9%
Personal Goods0.2%413.7%-100%
Personal Care, Drug and Grocery Stores0.1%226.4%-100%
Waste and Disposal Services-0.1%656.9%-100%
Gas, Water and Multi-utilities-0.2%99,674,385.8%-45.2%
Consumer Services-0.3%280.3%-100%
Investment Banking and Brokerage Services-1.2%2,235.5%-100%
Precious Metals and Mining-2.6%383.7%-87.6%
Industrial Metals and Mining-3%222,782,508.7%-100%
Non-life Insurance-3.5%1,252.7%-100%
Beverages-3.8%7,125,125.1%-100%
Real Estate Investment and Services-3.8%13,472.6%-99.9%
Life Insurance-6.5%79.4%-56.2%

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