Value of Banks company First Capital Inc. (FCAP:NAQ) based in Corydon fell 77.4% on July 12

Value of Banks company First Capital Inc. (FCAP:NAQ) based in Corydon fell 77.4% on July 12

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The value in Banks stocks fell 0.5 percent on July 12 from the previous day.

The strongest performing Banks company in Indiana was Finward Bancorp (FNWD:NAQ), dropping 31.2 percent to sell at $37.27.

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

Household Goods and Home Construction 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 12

Industry% ChangeHighest Positive ChangeLargest Negative Change
Telecommunications Service Providers97.8%360.1%-
Investment Banking and Brokerage Services96.4%137.4%-90.5%
Consumer Services61.1%444.9%-69.3%
Personal Goods50.4%1,822.4%-45.3%
Retailers31%207.5%-88.7%
Media27.3%583.9%-90.4%
Industrial Support Services27.1%847.8%-76.8%
Industrial Materials24%217.3%-28.4%
Industrial Engineering19.9%678.2%-52.9%
Travel and Leisure17.7%301.8%-90.5%
Health Care Providers16.1%186%-93.3%
Real Estate Investment Trusts10.5%1,460.1%-84.8%
Electricity8.3%88.7%-30.5%
Medical Equipment and Services7.3%44,131.2%-100%
Industrial Transportation6.9%100.2%-36.7%
Chemicals5.7%170.8%-45.5%
Alternative Energy4.8%81.8%-91.8%
Gas, Water and Multi-utilities3.6%177.5%-53%
Mortgage Real Estate Investment Trusts2.6%73.7%-54.4%
Personal Care, Drug and Grocery Stores1.3%72.3%-80.7%
Closed End Investments0.9%3,035.6%-88.8%
Open End and Miscellaneous Investment Vehicles0.1%1,251,869.2%-99.7%
Banks-0.5%11,324.7%-99.8%
Pharmaceuticals and Biotechnology-8.1%17,952.7%-90.5%
Finance and Credit Services-9.4%48.9%-78.4%
General Industrials-10.8%88.5%-50.1%
Technology Hardware and Equipment-12.8%249.6%-71%
Construction and Materials-13.1%177.3%-79.4%
Automobiles and Parts-13.3%476.2%-65.4%
Software and Computer Services-13.8%340.8%-73.9%
Aerospace and Defense-18.3%370.3%-63.5%
Beverages-21.1%89.5%-44.1%
Oil, Gas and Coal-23.1%465.5%-58.4%
Life Insurance-25%89.1%-76.1%
Real Estate Investment and Services-27.7%15,819.9%-68.1%
Telecommunications Equipment-33.6%115.1%-91%
Leisure Goods-34.5%83%-97.6%
Industrial Metals and Mining-35.4%2,216.8%-93.8%
Waste and Disposal Services-45.7%156.9%-52.4%
Electronic and Electrical Equipment-47.5%237.1%-55.2%
Precious Metals and Mining-56.9%947.3%-
Non-life Insurance-57.7%1,382.8%-49.2%
Food Producers-61.9%103.2%-59.3%
Household Goods and Home Construction-85.1%132.6%-99.7%

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