Corydon-based Banks company First Capital Inc. (FCAP:NAQ) sees value fall 85.2% on Feb. 2

Corydon-based Banks company First Capital Inc. (FCAP:NAQ) sees value fall 85.2% on Feb. 2

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The value in Banks stocks fell 54.6 percent on Feb. 2 from the previous day.

The strongest performing Banks company in Indiana was First Savings Financial Group Inc. (FSFG:NAQ), sitting 552.9 percent higher to sell at $19.05.

Merchants Bancorp (MBIN:NAQ) fared the worst among Indiana companies, suffering an 89.1 percent drop to $30.1.

Among Corydon companies, First Capital Inc. (FCAP:NAQ) saw the biggest fall in value of 85.2 percent on Feb. 2.

The Tobacco industry was the daily best-performing industry on the market. The market is divided into 47 different industries.

Banks 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 Feb. 2

Industry% ChangeHighest Positive ChangeLargest Negative Change
Tobacco1,516.6%--87.1%
Non-life Insurance79.5%41,276.2%-100%
Electronic and Electrical Equipment74.7%989.7%-100%
Finance and Credit Services54.6%24,605.1%-100%
Telecommunications Equipment42.7%2,159,093%-99.8%
Construction and Materials31.1%1,178,477.2%-100%
Household Goods and Home Construction23%501,569.4%-100%
Industrial Metals and Mining22.4%2,403,712.8%-100%
Technology19.4%4,106.9%-100%
Mortgage Real Estate Investment Trusts16%54.7%-100%
Technology Hardware and Equipment12.2%7,146,764.9%-100%
Travel and Leisure10.5%9,857,982.5%-100%
Personal Goods9.6%3,274,177.6%-98%
Precious Metals and Mining8.5%4,573.9%-98.2%
General Industrials8.2%135.9%-100%
Industrial Support Services7.5%92,939,340.3%-100%
Software and Computer Services6.3%61,581,957%-100%
Real Estate Investment and Services6.2%8,593.8%-100%
Real Estate Investment Trusts4%241,555,368.8%-100%
Media4%255,512.6%-100%
Industrial Materials3.8%15,111.1%-99.7%
Oil, Gas and Coal2.5%68,200,429.5%-100%
Telecommunications Service Providers1.9%113.9%-68.9%
Health Care Providers1.8%163,742,105.8%-100%
Gas, Water and Multi-utilities0.5%274%-100%
Consumer Discretionary0.5%--89.9%
Electricity0.5%85.9%-100%
Open End and Miscellaneous Investment Vehicles0.2%26,397.4%-100%
Waste and Disposal Services-0.1%1,223.7%-100%
Retailers-1%271,457,590.7%-100%
Consumer Services-1.3%14,244,886%-100%
Closed End Investments-1.8%26,886,354.3%-100%
Investment Banking and Brokerage Services-2%8,461,669.4%-97.5%
Food Producers-2.8%30,696,896.3%-100%
Alternative Energy-5.6%1,427,412.6%-100%
Personal Care, Drug and Grocery Stores-5.7%186,489,755.3%-96.3%
Life Insurance-6.5%257.7%-51.3%
Industrial Engineering-6.7%32,372,422.6%-100%
Chemicals-7.8%40,158,839.1%-99.9%
Medical Equipment and Services-8.5%182,635,984.7%-100%
Industrial Transportation-11.1%110.1%-100%
Automobiles and Parts-12.4%1,427,753.8%-98.2%
Pharmaceuticals and Biotechnology-15.3%53,281,070.7%-100%
Leisure Goods-26%447.2%-100%
Beverages-28.2%1,933,495.5%-100%
Aerospace and Defense-30.1%288,395,170.3%-100%
Banks-54.6%37,168,704.4%-100%

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