Corydon-based Banks company First Capital Inc. (FCAP:NAQ) sees value fall 67.8% on March 23

Corydon-based Banks company First Capital Inc. (FCAP:NAQ) sees value fall 67.8% on March 23

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The value in Banks stocks fell nine percent on March 23 from the previous day.

The strongest performing Banks company in Indiana was First Savings Financial Group Inc. (FSFG:NAQ), dropping 14.7 percent to sell at $16.45.

First Capital Inc. (FCAP:NAQ) fared the worst among Indiana companies, suffering a 67.8 percent drop to $24.06.

Among Corydon companies, First Capital Inc. (FCAP:NAQ) saw the biggest fall in value of 67.8 percent on March 23.

The Real Estate Investment and Services industry was the daily best-performing industry on the market. The market is divided into 45 different industries.

Tobacco 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 23

Industry% ChangeHighest Positive ChangeLargest Negative Change
Real Estate Investment and Services13.7%3,372.5%-100%
Telecommunications Service Providers11.7%58%-89.7%
Consumer Services11.5%1,528,083.5%-99.9%
Aerospace and Defense7.7%380.9%-95.4%
Telecommunications Equipment6.8%36,485,355%-98%
Medical Equipment and Services6.4%61,650,800.9%-100%
General Industrials5.8%4,657,419.2%-100%
Precious Metals and Mining5.7%1,060.7%-98.7%
Media5.2%160,588,174%-99.9%
Automobiles and Parts4.6%11,012,821.1%-99.7%
Mortgage Real Estate Investment Trusts4.6%797.3%-100%
Food Producers3.5%14,003,576.8%-100%
Industrial Support Services2.3%2,193,326.4%-100%
Health Care Providers2%38,115,556.6%-100%
Retailers1.9%32,820,720.2%-100%
Open End and Miscellaneous Investment Vehicles1%539,931.5%-99.9%
Electricity-0.6%7,761,907.9%-100%
Closed End Investments-0.7%12,942,284%-100%
Waste and Disposal Services-0.9%623.3%-99.9%
Gas, Water and Multi-utilities-1%284,900.9%-100%
Electronic and Electrical Equipment-1.2%952,593.7%-99.9%
Technology Hardware and Equipment-1.7%18,912%-96.9%
Leisure Goods-1.8%30,745,549.2%-100%
Investment Banking and Brokerage Services-1.9%897,012.1%-100%
Oil, Gas and Coal-2%52,183,833.9%-100%
Personal Goods-2.7%7,167.7%-100%
Travel and Leisure-2.8%76,634,871.4%-100%
Beverages-4.3%3,837,338%-30.5%
Chemicals-5.3%6,924,341.8%-100%
Construction and Materials-5.5%9,566.7%-100%
Alternative Energy-6.1%6,672,993.3%-98.4%
Life Insurance-7.2%72,306,093.6%-39.1%
Industrial Materials-7.8%481,415.8%-100%
Household Goods and Home Construction-8%1,722,972.3%-100%
Personal Care, Drug and Grocery Stores-8.2%102,666,566.7%-95.8%
Industrial Engineering-8.5%4,876,841.5%-100%
Software and Computer Services-8.7%6,454,407%-100%
Technology-8.8%575.3%-99.1%
Banks-9%1,274,305.7%-100%
Industrial Metals and Mining-9.2%176,299,248.8%-98.9%
Finance and Credit Services-10.3%520%-87.8%
Pharmaceuticals and Biotechnology-13.6%102,681,547.9%-100%
Industrial Transportation-14.5%393,710%-99.2%
Non-life Insurance-21.2%520,766.4%-100%
Tobacco-24.1%9,423.8%-99.8%

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