Value of Financials company First Capital Inc. (FCAP:NAQ) based in Corydon fell 83% in week ending June 10

Value of Financials company First Capital Inc. (FCAP:NAQ) based in Corydon fell 83% in week ending June 10

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Value in Financials stocks rose 0.3 percent in the week ending June 10 from the previous week.

The strongest performing Financials company in Indiana was American Acquisition Opportunity Inc. (AMAO:NAQ), sitting 6,765.2 percent higher to sell at $10.25.

Mid-Southern Bancorp Inc. (MSVB:NAQ) fared the worst among Indiana companies, suffering a 100 percent drop to $10.5.

Among Corydon companies, First Capital Inc. (FCAP:NAQ) saw the biggest fall in value of 83 percent in the week ending June 10.

The Industrials sector was the week’s best-performing sector on the market. The market is divided into 11 different sectors.

Consumer Staples was the worst-performing sector.

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 sectors in week ending June 10

Sector% ChangeHighest Positive ChangeLargest Negative Change
Industrials3.9%70,464%-99.4%
Telecommunications2.5%265.9%-99.1%
Utilities1.7%38,671,945.7%-94.0%
Real Estate1.2%96,002.6%-99.9%
Consumer Discretionary0.9%3,277.5%-99.8%
Energy0.6%719.7%-96.5%
Financials0.3%224,948.5%-100.0%
Basic Materials0.1%947.6%-96.3%
Health Care-0.1%38,029.5%-100.0%
Technology-0.2%147,750.4%-100.0%
Consumer Staples-1.0%7,424.1%-99.2%

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