Value of Banks company First Capital Inc. (FCAP:NAQ) based in Corydon fell 22.2% on May 23

Value of Banks company First Capital Inc. (FCAP:NAQ) based in Corydon fell 22.2% on May 23

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The value in Banks stocks rose 17.6 percent on May 23 from the previous day.

The strongest performing Banks company in Indiana was Finward Bancorp (FNWD:NAQ), sitting 7.8 percent higher to sell at $25.5.

First Savings Financial Group Inc. (FSFG:NAQ) fared the worst among Indiana companies, suffering a 68.4 percent drop to $12.81.

Among Corydon companies, First Capital Inc. (FCAP:NAQ) saw the biggest fall in value of 22.2 percent on May 23.

The Software and Computer Services industry was the daily best-performing industry on the market. The market is divided into 44 different industries.

Real Estate Investment and Services 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 May 23

Industry% ChangeHighest Positive ChangeLargest Negative Change
Software and Computer Services31.6%276,866.7%-100%
Food Producers24.6%39,894,097%-80.8%
Health Care Providers20.4%1,566.3%-100%
Banks17.6%2,998,212.8%-100%
Industrial Transportation14.7%25,189,276%-100%
Pharmaceuticals and Biotechnology10.4%15,789,851.6%-100%
Technology8.8%419,727%-99.3%
Consumer Services8.5%608,616.9%-99.8%
Leisure Goods8.1%9,763.3%-100%
Construction and Materials7.8%29,612,603.8%-100%
Industrial Materials7.6%3,919,171.6%-21.9%
Finance and Credit Services7.4%1,462,802.9%-100%
Automobiles and Parts7%1,320%-36.8%
Electronic and Electrical Equipment6.5%2,691,527.5%-99.9%
Technology Hardware and Equipment4.8%156.4%-99.7%
Aerospace and Defense4.5%174,255.9%-89.8%
Investment Banking and Brokerage Services3.6%1,234,900%-99.5%
Closed End Investments3.2%8,292,592.2%-100%
Oil, Gas and Coal2.9%24,041,494.5%-100%
Travel and Leisure2.8%664,866.1%-100%
Industrial Support Services1.9%24,025.2%-100%
Precious Metals and Mining1.7%7,270.5%-100%
Mortgage Real Estate Investment Trusts0.5%82.3%-95.8%
Electricity-0.3%3,587,458.5%-100%
Alternative Energy-0.5%2,983%-99.8%
Household Goods and Home Construction-0.7%163%-100%
General Industrials-0.8%438.7%-95.3%
Beverages-1%56,276.2%-99.8%
Open End and Miscellaneous Investment Vehicles-1.1%171,304.4%-100%
Chemicals-1.3%123.2%-100%
Telecommunications Service Providers-1.9%980.4%-46.3%
Real Estate Investment Trusts-2.4%282,147.3%-100%
Industrial Engineering-4.8%815.3%-100%
Gas, Water and Multi-utilities-5.3%3,543.2%-90%
Retailers-5.3%790,431.8%-100%
Personal Goods-5.5%942.4%-100%
Industrial Metals and Mining-5.8%3,282.2%-100%
Telecommunications Equipment-7.4%70.4%-100%
Media-9.1%5,474,319.4%-100%
Life Insurance-10.6%977.6%-100%
Non-life Insurance-10.7%807.8%-100%
Waste and Disposal Services-12.9%612%-37.1%
Medical Equipment and Services-13%98,756%-93.1%
Real Estate Investment and Services-13.1%263.4%-97.2%

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