Value of Banks company First Capital Inc. (FCAP:NAQ) based in Corydon rose 214.7% on Oct. 18

Value of Banks company First Capital Inc. (FCAP:NAQ) based in Corydon rose 214.7% on Oct. 18

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The value in Banks stocks rose 5.4 percent on Oct. 18 from the previous day.

The strongest performing Banks company in Indiana was First Capital Inc. (FCAP:NAQ), sitting 214.7 percent higher to sell at $25.31.

Finward Bancorp (FNWD:NAQ) fared the worst among Indiana companies, suffering a 68.8 percent drop to $33.15.

Among Corydon companies, First Capital Inc. (FCAP:NAQ) saw the highest rise in value of 214.7 percent on Oct. 18.

The Telecommunications Equipment industry was the daily best-performing industry on the market. The market is divided into 43 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.

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. 18

Industry% ChangeHighest Positive ChangeLargest Negative Change
Telecommunications Equipment58%248,174.1%-100%
Oil, Gas and Coal56.9%265,113.5%-100%
Non-life Insurance56.2%31,009.9%-100%
Medical Equipment and Services30.3%19,966.7%-100%
Investment Banking and Brokerage Services26.9%129,239,161.6%-83.3%
Automobiles and Parts23.5%5,783,080.8%-87.7%
Waste and Disposal Services23.4%445.9%-26.8%
Finance and Credit Services21.9%151,323%-100%
Industrial Support Services20.7%3,716,311%-100%
Travel and Leisure20.4%43,299,330.6%-100%
Gas, Water and Multi-utilities19.4%50%-98.8%
Health Care Providers18.9%14,568,625.2%-100%
Construction and Materials12.8%34,951,134.4%-100%
Industrial Transportation12%198,875,830%-100%
Electronic and Electrical Equipment8.3%35,842,610.1%-100%
Consumer Services6.5%7,277.6%-100%
Banks5.4%68,289,847.9%-100%
Leisure Goods3.2%22,829,233.3%-100%
Closed End Investments2.8%7,875,395.1%-100%
Pharmaceuticals and Biotechnology1.7%1,032,891.7%-100%
Media-1%300.6%-100%
Open End and Miscellaneous Investment Vehicles-1%216,958.7%-100%
Electricity-1.3%33.8%-31.6%
Industrial Engineering-1.8%143,958%-100%
Retailers-2.1%64,289,820.7%-100%
Technology Hardware and Equipment-2.2%120,553.7%-100%
Mortgage Real Estate Investment Trusts-3%525.7%-100%
Personal Care, Drug and Grocery Stores-3.1%23,268,191.7%-100%
Aerospace and Defense-4.4%4,050.8%-100%
Chemicals-6.6%3,287,563.1%-100%
Tobacco-6.7%2,452.1%-46.6%
Software and Computer Services-9.5%36,992,301.4%-100%
Alternative Energy-11.1%46,805,191.3%-100%
Industrial Materials-12.1%71%-47.2%
Real Estate Investment and Services-14.3%267.7%-84.9%
Telecommunications Service Providers-16.4%2,392.9%-100%
Life Insurance-19%3,822,878.7%-75.2%
Personal Goods-22.9%432.4%-100%
Beverages-28.5%25.1%-99.9%
Industrial Metals and Mining-41.8%3,984.3%-100%
Food Producers-63%630.2%-100%
Precious Metals and Mining-69.6%2,843,383.2%-100%
Household Goods and Home Construction-80.9%17,905,108%-100%

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