Corydon company First Capital Inc. (FCAP:NAQ) working in Banks sees value rise 93.5% on Nov. 16, 2022

Corydon company First Capital Inc. (FCAP:NAQ) working in Banks sees value rise 93.5% on Nov. 16, 2022

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The value in Banks stocks rose 10.9 percent on Nov. 16, 2022 from the previous day.

The strongest performing Banks company in Indiana was Merchants Bancorp (MBIN:NAQ), sitting 95.2 percent higher to sell at $24.7.

First Bancorp of Indiana Inc. (FBPI:PKC) fared the worst among Indiana companies, suffering a 70.8 percent drop to $16.5.

Among Corydon companies, First Capital Inc. (FCAP:NAQ) saw the highest rise in value of 93.5 percent on Nov. 16, 2022.

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

Telecommunications Service Providers 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. 16, 2022

Industry% ChangeHighest Positive ChangeLargest Negative Change
Household Goods and Home Construction398.2%80,899,015.2%-86.3%
Precious Metals and Mining249.3%1,634%-100%
Food Producers142.5%99,905,475.5%-100%
Tobacco115.1%3,229,931.4%-
Waste and Disposal Services92.9%883,170.2%-64.2%
Industrial Metals and Mining47.6%333.3%-100%
Industrial Transportation37.9%92,557,744.5%-99.6%
Oil, Gas and Coal37%1,161,871,888.5%-99.9%
Life Insurance35.4%--100%
Beverages30.6%25,490,276.7%-46.4%
Leisure Goods18.3%1,341,542.2%-100%
Non-life Insurance14.3%29,123,536.4%-100%
Banks10.9%593,567,443.7%-96.7%
Technology Hardware and Equipment9.7%423,340,412.2%-99.9%
General Industrials7.9%8,582,730.9%-60.3%
Aerospace and Defense7.1%10,414,850.7%-97.4%
Software and Computer Services6.7%277,065,537.1%-100%
Closed End Investments1.7%58,476,603.5%-84.1%
Open End and Miscellaneous Investment Vehicles-1%7,135,281.4%-100%
Gas, Water and Multi-utilities-1.2%121,428,569.5%-77%
Media-2.5%4,258,882.2%-98%
Industrial Materials-3.6%81.1%-100%
Mortgage Real Estate Investment Trusts-3.8%102,117,734.4%-100%
Construction and Materials-5.7%187,761,973%-100%
Medical Equipment and Services-7%51,037,130.9%-100%
Personal Care, Drug and Grocery Stores-7.3%10,369,831.3%-97.5%
Automobiles and Parts-7.5%6,833,333.8%-91.2%
Health Care Providers-7.9%38,827,956.9%-69.5%
Real Estate Investment Trusts-8.6%3,046,208.1%-100%
Electricity-12.4%136.9%-53%
Retailers-12.9%29,056,541.3%-99.9%
Travel and Leisure-13.5%11,197,052.6%-100%
Industrial Engineering-13.9%60,633,788.9%-72.2%
Consumer Services-13.9%104,203,621.8%-100%
Personal Goods-15.6%24,715,300.8%-100%
Pharmaceuticals and Biotechnology-16.9%262,119,916.4%-100%
Real Estate Investment and Services-17%118,042,297.7%-71%
Telecommunications Equipment-20.6%34,390,904.6%-92.1%
Investment Banking and Brokerage Services-21.3%64,248,868.9%-74.7%
Industrial Support Services-24.3%25,845,360.7%-100%
Finance and Credit Services-24.6%4,188,720.4%-84.6%
Chemicals-26.2%3,798,522.2%-71.2%
Alternative Energy-31.4%1,774,042.2%-100%
Electronic and Electrical Equipment-31.8%184,387.2%-100%
Telecommunications Service Providers-45.9%--86.6%

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