Value of Banks company Mid-Southern Bancorp Inc. (MSVB:NAQ) based in Salem fell 25.7% on June 15

Value of Banks company Mid-Southern Bancorp Inc. (MSVB:NAQ) based in Salem fell 25.7% on June 15

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The value in Banks stocks fell 57 percent on June 15 from the previous day.

The strongest performing Banks company in Indiana was Merchants Bancorp (MBIN:NAQ), sitting 142.3 percent higher to sell at $27.35.

Mid-Southern Bancorp Inc. (MSVB:NAQ) fared the worst among Indiana companies, suffering a 25.7 percent drop to $11.4.

Among Salem companies, Mid-Southern Bancorp Inc. (MSVB:NAQ) saw the biggest fall in value of 25.7 percent on June 15.

The Automobiles and Parts industry was the daily best-performing industry on the market. The market is divided into 47 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 June 15

Industry% ChangeHighest Positive ChangeLargest Negative Change
Automobiles and Parts54.7%336.2%-57.2%
Beverages48.8%247.4%-53.1%
Food Producers48.7%459.4%-75.5%
Electronic and Electrical Equipment37.8%608.3%-93.2%
Aerospace and Defense37.2%291.3%-80.7%
Household Goods and Home Construction34.7%728.2%-56.2%
Technology30%2,556.6%-98.9%
Tobacco29.4%1,774.2%-15.8%
Real Estate Investment and Services25.7%2,339.7%-36.2%
Industrial Metals and Mining24.2%10,557.3%-74.5%
Industrial Transportation21%1,746.1%-85.8%
Health Care Providers20.6%479.1%-80.1%
Software and Computer Services18.9%2,960.2%-99.4%
Precious Metals and Mining18.5%224.7%-97.5%
Leisure Goods17.3%929.3%-98.6%
Oil, Gas and Coal15.2%1,004.2%-96.3%
Life Insurance14.8%118.4%-40.1%
Telecommunications Equipment11.9%7,502.5%-83.1%
Pharmaceuticals and Biotechnology6.9%3,860.7%-94.5%
General Industrials3.9%118.5%-26%
Electricity1.4%274.4%-24.9%
Personal Care, Drug and Grocery Stores-0.5%733.4%-71.8%
Closed End Investments-1%1,763.8%-93.5%
Medical Equipment and Services-1.4%512%-88.5%
Construction and Materials-2.5%6,217.5%-58%
Open End and Miscellaneous Investment Vehicles-3.1%25,120.1%-99.7%
Finance and Credit Services-4.1%229.5%-72.1%
Technology Hardware and Equipment-5.6%337.5%-94.8%
Gas, Water and Multi-utilities-5.7%322.5%-83%
Industrial Engineering-9.3%891.1%-48.8%
Mortgage Real Estate Investment Trusts-9.8%322.7%-1.8%
Industrial Support Services-11.2%2,408.7%-99.1%
Chemicals-12.6%646.2%-89.9%
Non-life Insurance-16.4%1,960.8%-59.7%
Media-20.3%1,429.5%-100%
Industrial Materials-24.7%209.3%-40%
Retailers-24.8%732%-57.1%
Travel and Leisure-26.1%24,378.5%-94.2%
Real Estate Investment Trusts-26.7%3,650.4%-82%
Investment Banking and Brokerage Services-26.7%6,300%-100%
Waste and Disposal Services-29.6%275.7%-8.5%
Personal Goods-29.9%284%-72%
Alternative Energy-30.2%740.9%-73.9%
Consumer Services-47.1%5,024.6%-83.3%
Banks-57%1,887.3%-87.6%
Telecommunications Service Providers-74.8%464.9%-92.3%
Consumer Discretionary-81.9%289.1%-92.4%

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