Batesville company Hillenbrand Inc. (HI:NYQ) working in Industrial Engineering sees value fall 18.5% on Aug. 24

Batesville company Hillenbrand Inc. (HI:NYQ) working in Industrial Engineering sees value fall 18.5% on Aug. 24

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The value in Industrial Engineering stocks rose 0.6 percent on Aug. 24 from the previous day.

The strongest performing Industrial Engineering company in Indiana was Hillenbrand Inc. (HI:NYQ), dropping 18.5 percent to sell at $44.62.

Cummins Inc. (CMI:NYQ) fared the worst among Indiana companies, suffering a 25.3 percent drop to $225.29.

Among Batesville companies, Hillenbrand Inc. (HI:NYQ) saw the biggest fall in value of 18.5 percent on Aug. 24.

The Precious Metals and Mining industry was the daily best-performing industry on the market. The market is divided into 44 different industries.

Finance and Credit Services 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.

Individual companies can have several different types of shares across many stock markets. It is possible for different types of shares to see different results on the market.

Rank of stock market industries on Aug. 24

Industry% ChangeHighest Positive ChangeLargest Negative Change
Precious Metals and Mining21.4%99,040,856.1%-100%
Automobiles and Parts9.3%9,697,323.1%-87.1%
Alternative Energy7.7%1,968%-99.6%
Construction and Materials7.2%89,444,519.9%-100%
Life Insurance5.7%41,189,423.8%-31.2%
Industrial Transportation5.6%24,217.3%-100%
Electronic and Electrical Equipment4.8%6,456,965.2%-100%
Personal Goods4.8%2,967.3%-100%
Oil, Gas and Coal4.7%129,974,138.9%-100%
Consumer Services4.4%21,973,620.4%-99.9%
Mortgage Real Estate Investment Trusts4.2%8,046,558.1%-100%
Aerospace and Defense1%2,778.9%-100%
Beverages0.6%137.4%-99.9%
Industrial Engineering0.6%6,265,832.8%-80.1%
Food Producers0.6%1,474.4%-100%
Leisure Goods0.4%43,100,075.6%-100%
Electricity0.3%30,155,083%-100%
Gas, Water and Multi-utilities0.3%14,990,238.8%-100%
Tobacco0.3%500,773.7%-9.1%
Pharmaceuticals and Biotechnology0.2%67,666,154.6%-100%
Closed End Investments0.1%53,222,248.3%-100%
Retailers-0.3%4,359,707.6%-100%
Industrial Materials-0.4%1,324,595.3%-100%
Industrial Support Services-0.5%197,398,968.6%-100%
Household Goods and Home Construction-0.9%66,688.4%-100%
Open End and Miscellaneous Investment Vehicles-1.1%331,189.3%-99.9%
Chemicals-1.7%2,893,712.1%-99.2%
Banks-1.8%7,682,562.7%-100%
Medical Equipment and Services-1.8%2,236,044%-100%
Personal Care, Drug and Grocery Stores-2%3,745,977.5%-100%
Software and Computer Services-2.2%12,733,378.8%-100%
Travel and Leisure-2.5%1,550,918.2%-100%
General Industrials-2.6%8,789,719.4%-100%
Health Care Providers-2.9%2,492.9%-100%
Telecommunications Equipment-3.3%77,419,782.8%-100%
Waste and Disposal Services-3.4%372.8%-83.9%
Real Estate Investment and Services-3.6%3,019.1%-74.7%
Non-life Insurance-4.3%745,008.2%-88%
Technology Hardware and Equipment-5.5%13,594,300.2%-100%
Investment Banking and Brokerage Services-5.5%4,951,025%-100%
Industrial Metals and Mining-5.5%37,586.4%-74.6%
Media-6.1%24,914,604.1%-99.9%
Telecommunications Service Providers-9.5%147,478,532.5%-52.4%
Finance and Credit Services-12.6%10,777,383.3%-100%

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