Corydon-based Financials company First Capital Inc. (FCAP:NAQ) sees value fall 77.4% on July 12

Corydon-based Financials company First Capital Inc. (FCAP:NAQ) sees value fall 77.4% on July 12

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Value in Financials stocks rose 95.3 percent on July 12 from the previous day.

The strongest performing Financials company in Indiana was CNO Financial Group Inc. (CNO:NYQ), sitting 89.1 percent higher to sell at $17.77.

First Capital Inc. (FCAP:NAQ) fared the worst among Indiana companies, suffering a 77.4 percent drop to $29.08.

Among Corydon companies, First Capital Inc. (FCAP:NAQ) saw the biggest fall in value of 77.4 percent on July 12.

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

Consumer Staples 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 12

Sector% ChangeHighest Positive ChangeLargest Negative Change
Financials95.3%1,251,869.2%-99.8%
Telecommunications41.3%360.1%-91%
Real Estate7.6%15,819.9%-84.8%
Consumer Discretionary4.2%1,822.4%-99.7%
Utilities1.6%177.5%-53%
Health Care0.6%44,131.2%-93.3%
Basic Materials-1.8%2,216.8%-93.8%
Industrials-4.7%847.8%-79.4%
Technology-13.4%340.8%-73.9%
Energy-20.6%465.5%-91.8%
Consumer Staples-41.3%103.2%-80.7%

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