Corydon company First Capital Inc. (FCAP:NAQ) working in Banks sees value rise 39.5% on March 14

Corydon company First Capital Inc. (FCAP:NAQ) working in Banks sees value rise 39.5% on March 14

Public Policy

ORGANIZATIONS IN THIS STORY

LETTER TO THE EDITOR

Have a concern or an opinion about this story? Click below to share your thoughts.
Send a message

Community Newsmaker

Know of a story that needs to be covered? Pitch your story to The Business Daily.
Community Newsmaker

The value in Banks stocks fell 20 percent on March 14 from the previous day.

The strongest performing Banks company in Indiana was First Capital Inc. (FCAP:NAQ), sitting 39.5 percent higher to sell at $24.51.

First Savings Financial Group Inc. (FSFG:NAQ) fared the worst among Indiana companies, suffering a 98.5 percent drop to $16.55.

Among Corydon companies, First Capital Inc. (FCAP:NAQ) saw the highest rise in value of 39.5 percent on March 14.

The Tobacco industry was the daily best-performing industry on the market. The market is divided into 46 different industries.

Consumer Discretionary 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 March 14

Industry% ChangeHighest Positive ChangeLargest Negative Change
Tobacco4,281.4%49%-99.8%
Household Goods and Home Construction784.5%3,106.7%-100%
Finance and Credit Services298.7%476,991.4%-100%
Technology198.9%45,540.7%-97.4%
Food Producers164.6%1,364,900%-100%
Precious Metals and Mining142.5%1,398.5%-99.2%
Waste and Disposal Services96.8%6,211.8%-31.9%
Leisure Goods96.2%20,226,721.5%-100%
Non-life Insurance85.4%19,758%-100%
Industrial Metals and Mining56.4%2,559.6%-100%
Aerospace and Defense55.6%155.7%-100%
Telecommunications Equipment51.6%342.8%-100%
Electronic and Electrical Equipment47.9%10,040.7%-100%
Life Insurance40%56,564.1%-33.3%
Oil, Gas and Coal36.2%21,676,700.2%-100%
Beverages26.9%210%-100%
Industrial Transportation23.8%29,501.4%-99.5%
Software and Computer Services16.9%78,292,748.3%-100%
General Industrials8.4%58,481.9%-100%
Technology Hardware and Equipment7.6%51,148.3%-100%
Automobiles and Parts5.7%43,847,900%-100%
Personal Care, Drug and Grocery Stores5.4%225.9%-100%
Medical Equipment and Services5.1%51,154,107.6%-100%
Construction and Materials4.2%140,358,414.7%-100%
Industrial Materials3.8%37.5%-100%
Pharmaceuticals and Biotechnology3.3%24,836,861.3%-100%
Closed End Investments0.6%42,846,089.8%-100%
Open End and Miscellaneous Investment Vehicles-0.4%576,418.2%-100%
Industrial Support Services-0.4%6,455,006.6%-100%
Real Estate Investment Trusts-1.5%280,556,402.9%-100%
Media-3%4,966,300%-100%
Mortgage Real Estate Investment Trusts-3.1%44,308,277.1%-100%
Retailers-6%94,184,252.9%-100%
Travel and Leisure-6.2%21,671,283.1%-100%
Personal Goods-7.7%2,475.3%-100%
Chemicals-9.5%2,169,888.5%-100%
Electricity-9.6%224,231,343.3%-100%
Health Care Providers-12.2%1,157,239.6%-100%
Industrial Engineering-15.5%2,428.1%-100%
Investment Banking and Brokerage Services-15.7%130,058,081.8%-100%
Consumer Services-19.6%5,347.2%-100%
Banks-20%551,894.5%-100%
Alternative Energy-27.3%22,880.5%-100%
Telecommunications Service Providers-37.8%1,402.8%-98.6%
Real Estate Investment and Services-40.7%85,458.2%-100%
Consumer Discretionary-62.9%368.6%-

ORGANIZATIONS IN THIS STORY

LETTER TO THE EDITOR

Have a concern or an opinion about this story? Click below to share your thoughts.
Send a message

Community Newsmaker

Know of a story that needs to be covered? Pitch your story to The Business Daily.
Community Newsmaker

MORE NEWS