Corydon company First Capital Inc. (FCAP:NAQ) working in Banks sees value rise 111.3% on Oct. 6

Corydon company First Capital Inc. (FCAP:NAQ) working in Banks sees value rise 111.3% on Oct. 6

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The value in Banks stocks fell 8.2 percent on Oct. 6 from the previous day.

The strongest performing Banks company in Indiana was First Savings Financial Group Inc. (FSFG:NAQ), sitting 722.3 percent higher to sell at $22.9.

Merchants Bancorp (MBIN:NAQ) experienced the smallest increase in share price among Indiana companies, rising 46.9 percent to sell at $23.69.

Among Corydon companies, First Capital Inc. (FCAP:NAQ) saw the highest rise in value of 111.3 percent on Oct. 6.

The Food Producers industry was the daily best-performing industry on the market. The market is divided into 45 different industries.

Tobacco 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 Oct. 6

Industry% ChangeHighest Positive ChangeLargest Negative Change
Food Producers148.3%26,558,444.6%-100%
Technology Hardware and Equipment21.3%211,912.4%-92%
Waste and Disposal Services19.4%663.2%-97.5%
Industrial Metals and Mining9.8%1,265,614.9%-99.9%
Beverages7.8%13,274.9%-97.7%
Construction and Materials5.9%645,178,419.6%-100%
Software and Computer Services5.7%20,788,930%-100%
Leisure Goods5.1%16,115,611.8%-99.6%
Finance and Credit Services3.3%33,327,298.1%-89.5%
Closed End Investments2.4%109,737,169.8%-98.1%
Gas, Water and Multi-utilities1.6%204,188,955.5%-93%
Household Goods and Home Construction1.5%29,722,867.9%-100%
Retailers1.2%205,844,600.9%-100%
Life Insurance-0.1%157,908.2%-91.2%
Open End and Miscellaneous Investment Vehicles-0.3%3,253,196.1%-100%
Pharmaceuticals and Biotechnology-0.7%153,960,822%-100%
Industrial Engineering-0.7%92,072,773.3%-99.8%
Industrial Materials-1.5%3,108,766.1%-36%
Electricity-1.8%104,172,125.1%-100%
General Industrials-1.9%487,027,183.5%-78.1%
Telecommunications Equipment-2.4%102,752.3%-80.3%
Precious Metals and Mining-2.4%58,499,900%-100%
Personal Goods-2.6%124,999,900%-74.5%
Electronic and Electrical Equipment-3.4%36,860,749.9%-71.6%
Consumer Services-3.8%80,709,553.8%-100%
Mortgage Real Estate Investment Trusts-4%4,326,093.5%-99.9%
Oil, Gas and Coal-4%92,594,609.4%-100%
Industrial Transportation-4.3%133,202,385.4%-88.8%
Non-life Insurance-4.3%2,150.5%-86.2%
Telecommunications Service Providers-5.4%88,142.1%-99.9%
Alternative Energy-5.5%122,305,934.5%-100%
Automobiles and Parts-5.7%5,958,428.9%-94.2%
Real Estate Investment Trusts-5.9%129,325,790.9%-100%
Chemicals-6.7%197,200,763.9%-78.1%
Travel and Leisure-7.3%178,750,336.9%-99.8%
Health Care Providers-7.8%6,513,684.5%-100%
Media-8.1%7,667,027.8%-99.7%
Banks-8.2%13,239,075.1%-100%
Real Estate Investment and Services-8.8%32,996,256.6%-99.9%
Aerospace and Defense-9%43,103,018.1%-99.3%
Industrial Support Services-9.5%34,924,391.9%-100%
Personal Care, Drug and Grocery Stores-9.9%6,492,714.1%-100%
Medical Equipment and Services-10.3%58,093,006.4%-99.3%
Investment Banking and Brokerage Services-12.8%3,610,709.9%-100%
Tobacco-21.8%861.6%-99.1%

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