Corydon-based Banks company First Capital Inc. (FCAP:NAQ) sees value fall 90.6% on Oct. 19

Corydon-based Banks company First Capital Inc. (FCAP:NAQ) sees value fall 90.6% on Oct. 19

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The value in Banks stocks fell 21.1 percent on Oct. 19 from the previous day.

The strongest performing Banks company in Indiana was Mid-Southern Bancorp Inc. (MSVB:NAQ), sitting 297.9 percent higher to sell at $13.4.

First Capital Inc. (FCAP:NAQ) fared the worst among Indiana companies, suffering a 90.6 percent drop to $24.6.

Among Corydon companies, First Capital Inc. (FCAP:NAQ) saw the biggest fall in value of 90.6 percent on Oct. 19.

The Household Goods and Home Construction industry was the daily best-performing industry on the market. The market is divided into 44 different industries.

Telecommunications Equipment 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. 19

Industry% ChangeHighest Positive ChangeLargest Negative Change
Household Goods and Home Construction410.4%44,254,295.9%-63.8%
Precious Metals and Mining188.3%6,637,915.1%-49.2%
Food Producers184.9%1,458,680.3%-100%
Beverages79.2%48.5%-99.2%
Industrial Metals and Mining65.1%4,830,543.5%-98.9%
Telecommunications Service Providers35.9%1,248,660.8%-92.4%
Personal Goods34.6%57,642,170.3%-100%
Tobacco33.1%60.8%-99.4%
Alternative Energy21.5%52,639,385%-100%
Life Insurance17.6%2,344,349.1%-95%
Real Estate Investment and Services17.1%324.7%-100%
Chemicals14.2%2,250,179.5%-100%
Industrial Materials14%3,810,216%-60.9%
Software and Computer Services8.5%43,971,262%-100%
Personal Care, Drug and Grocery Stores6.6%396,388,849.3%-88.6%
Aerospace and Defense6.4%58,461,496.8%-97.7%
Electricity3.8%52.3%-39.2%
Mortgage Real Estate Investment Trusts2.9%64,061,231.4%-93%
Retailers1.7%249,238,143.4%-100%
General Industrials1.5%1,012,790.4%-100%
Open End and Miscellaneous Investment Vehicles1%10,327,900%-100%
Media0.6%54,709,577.4%-100%
Real Estate Investment Trusts0.4%2,557,024.5%-100%
Technology Hardware and Equipment-2.5%42,589,679.5%-99.9%
Closed End Investments-3%25,278,884.1%-99.9%
Pharmaceuticals and Biotechnology-4.4%573,660,046.7%-100%
Leisure Goods-5.5%1,757,227.7%-60.3%
Consumer Services-5.7%18,355,839.9%-100%
Electronic and Electrical Equipment-7.6%62,937,372.4%-72.4%
Industrial Transportation-11.1%14,594,264.2%-100%
Non-life Insurance-12%6,774,626.4%-100%
Construction and Materials-12.4%19,090,352%-75%
Health Care Providers-15.3%28,729,311.8%-100%
Automobiles and Parts-15.3%1,056.1%-100%
Finance and Credit Services-16%13,143,049.4%-100%
Medical Equipment and Services-16.6%7,664,563.2%-99.8%
Industrial Support Services-16.8%29,076,870.5%-99.8%
Travel and Leisure-17.3%45,489,826.8%-98.8%
Waste and Disposal Services-17.4%146.9%-82.4%
Gas, Water and Multi-utilities-18.1%9,399,943.5%-32.6%
Banks-21.1%11,425%-100%
Investment Banking and Brokerage Services-21.7%4,186,121.8%-100%
Oil, Gas and Coal-34.8%1,640,427,380.9%-100%
Telecommunications Equipment-35.8%3,606,537.8%-99.6%

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