Corydon company First Capital Inc. (FCAP:NAQ) working in Banks sees value fall 62.4% on Nov. 1

Corydon company First Capital Inc. (FCAP:NAQ) working in Banks sees value fall 62.4% on Nov. 1

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The value in Banks stocks rose 7.1 percent on Nov. 1 from the previous day.

The strongest performing Banks company in Indiana was Finward Bancorp (FNWD:NAQ), dropping 46.9 percent to sell at $32.

First Capital Inc. (FCAP:NAQ) fared the worst among Indiana companies, suffering a 62.4 percent drop to $24.5.

Among Corydon companies, First Capital Inc. (FCAP:NAQ) saw the biggest fall in value of 62.4 percent on Nov. 1.

The Food Producers industry was the daily best-performing industry on the market. The market is divided into 45 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 Nov. 1

Industry% ChangeHighest Positive ChangeLargest Negative Change
Food Producers213.1%255,212,344.7%-100%
Beverages146.4%300%-66%
Waste and Disposal Services130.2%15.2%-100%
Leisure Goods76.5%103,319,339.5%-85.5%
Life Insurance39.1%54.6%-82.4%
Medical Equipment and Services26.2%14,541,385.7%-100%
Technology Hardware and Equipment17.3%2,332,747.1%-100%
General Industrials13%287,470,148%-68.3%
Industrial Metals and Mining11.3%41,728.2%-72.5%
Automobiles and Parts11.2%55.7%-98.7%
Oil, Gas and Coal7.6%650,955,569.8%-100%
Banks7.1%3,152,096.8%-100%
Consumer Services5.8%85,946,275.8%-100%
Closed End Investments5.1%99,769,381.8%-96.5%
Industrial Engineering3.8%138.3%-100%
Electricity3.4%38,755,422.4%-64.3%
Real Estate Investment Trusts3.3%171,186,661.2%-100%
Gas, Water and Multi-utilities0.6%303.6%-71.5%
Open End and Miscellaneous Investment Vehicles0.4%739,445.1%-100%
Retailers-0.6%77,269,239%-100%
Investment Banking and Brokerage Services-3.1%4,111.3%-85%
Construction and Materials-3.4%432,851.6%-100%
Software and Computer Services-4.1%75,785,056.3%-100%
Mortgage Real Estate Investment Trusts-5.1%48,990,931.4%-100%
Personal Goods-5.4%8,957,245.9%-64%
Alternative Energy-6.7%732,799,900%-100%
Health Care Providers-7.4%42,940,335.7%-80.1%
Real Estate Investment and Services-7.5%9,124,490%-91.5%
Pharmaceuticals and Biotechnology-7.8%284,955,002%-100%
Industrial Support Services-8.9%97,115,820.7%-95.3%
Media-11.5%84,971,978.4%-83.5%
Travel and Leisure-15.6%121,724,055.3%-100%
Chemicals-15.7%1,976.1%-100%
Industrial Materials-15.8%173.2%-37.2%
Personal Care, Drug and Grocery Stores-16.5%700,407,714.1%-59.3%
Aerospace and Defense-20.9%115.4%-100%
Telecommunications Service Providers-20.9%190.9%-69.8%
Finance and Credit Services-21.1%85,051,992.1%-99.2%
Industrial Transportation-21.6%2,203,025.1%-100%
Tobacco-22.5%182.6%-42.7%
Non-life Insurance-22.9%14,294,358.1%-100%
Telecommunications Equipment-24.1%2,039,341.1%-86.7%
Electronic and Electrical Equipment-28.7%37,751,512%-81.8%
Precious Metals and Mining-63.4%16,029.2%-100%
Household Goods and Home Construction-83%2,304,495.5%-99.8%

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