Jeffersonville-based Banks company First Savings Financial Group Inc. (FSFG:NAQ) sees value fall 93.4% on Aug. 26

Jeffersonville-based Banks company First Savings Financial Group Inc. (FSFG:NAQ) sees value fall 93.4% on Aug. 26

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The value in Banks stocks rose 5.5 percent on Aug. 26 from the previous day.

The strongest performing Banks company in Indiana was First Capital Inc. (FCAP:NAQ), dropping 73.5 percent to sell at $27.07.

First Savings Financial Group Inc. (FSFG:NAQ) fared the worst among Indiana companies, suffering a 93.4 percent drop to $23.33.

Among Jeffersonville companies, First Savings Financial Group Inc. (FSFG:NAQ) saw the biggest fall in value of 93.4 percent on Aug. 26.

The Household Goods and Home Construction industry was the daily best-performing industry on the market. The market is divided into 45 different industries.

Investment Banking and Brokerage 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. 26

Industry% ChangeHighest Positive ChangeLargest Negative Change
Household Goods and Home Construction372.4%1,736.6%-47.2%
Precious Metals and Mining163.8%396.5%-60.4%
Finance and Credit Services121.8%28,685%-7.6%
Tobacco80.1%734.7%-22.4%
Automobiles and Parts44.8%8,494,662.6%-42.4%
Aerospace and Defense39.5%5,460.4%-85.4%
Electronic and Electrical Equipment30%5,945,944.8%-80.2%
Real Estate Investment and Services26.6%17,933.2%-75.6%
Personal Care, Drug and Grocery Stores11.2%3,223.6%-93.3%
Industrial Metals and Mining7.9%467,611.2%-69.9%
Pharmaceuticals and Biotechnology7.3%5,652,991.5%-97.4%
Leisure Goods7.1%40,472,562.4%-31.8%
Industrial Engineering6.3%96,588.1%-77.8%
Health Care Providers6%10,447.1%-47%
Banks5.5%2,762,934.7%-93.4%
Industrial Materials3.7%771.8%-41.2%
Software and Computer Services2.2%82,533,909.5%-82.2%
General Industrials1.6%74,034,160.9%-38.9%
Electricity1.3%558.4%-18.5%
Life Insurance0.1%157,712%-
Open End and Miscellaneous Investment Vehicles-1.6%1,496,568.9%-99.8%
Chemicals-1.7%564,524,290.2%-59.5%
Industrial Support Services-1.9%3,785,729.8%-88.4%
Personal Goods-4.6%107,652,864.1%-87.1%
Closed End Investments-5.7%14,919,042.4%-87.8%
Construction and Materials-7%342,199.2%-75.5%
Mortgage Real Estate Investment Trusts-7.5%13,296,441.3%-29%
Real Estate Investment Trusts-7.7%36,813,748.8%-66.2%
Non-life Insurance-9.7%13,225,259%-87.5%
Telecommunications Equipment-10%680.1%-89.4%
Alternative Energy-10.7%3,705,775.4%-95.5%
Industrial Transportation-11.5%9,268,088.4%-50.8%
Travel and Leisure-11.5%8,645,958.5%-69.2%
Oil, Gas and Coal-12.6%129,896,713.4%-84.4%
Medical Equipment and Services-12.9%14,103.1%-84.2%
Gas, Water and Multi-utilities-13.1%165,501,300.2%-58.4%
Beverages-13.2%145,134.3%-23%
Media-14.4%1,307,831.4%-61.2%
Retailers-15.7%148,390,143.9%-68.8%
Food Producers-17.8%53,884,367.3%-55.5%
Consumer Services-19.4%13,430.5%-62.2%
Technology Hardware and Equipment-22.1%428,949.7%-82.3%
Waste and Disposal Services-31.3%2,471.2%-58.5%
Telecommunications Service Providers-32.1%232,519.5%-44.7%
Investment Banking and Brokerage Services-39.9%2,073,254.7%-74.8%

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