Corydon company First Capital Inc. (FCAP:NAQ) working in Financials sees value rise 795.8% in week ending June 17

Corydon company First Capital Inc. (FCAP:NAQ) working in Financials sees value rise 795.8% in week ending June 17

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Value in Financials stocks fell 10.2 percent in the week ending June 17 from the previous week.

The strongest performing Financials company in Indiana was First Capital Inc. (FCAP:NAQ), sitting 795.8 percent higher to sell at $30.

Andretti Acquisition Corp (WNNR:NYQ) fared the worst among Indiana companies, suffering a 100 percent drop to $10.64.

Among Corydon companies, First Capital Inc. (FCAP:NAQ) saw the highest rise in value of 795.8 percent in the week ending June 17.

The Utilities sector was the week’s best-performing sector on the market. The market is divided into 9 different sectors.

Financials 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 17

Sector% ChangeHighest Positive ChangeLargest Negative Change
Utilities2.5%101,474,145.1%-97.0%
Technology1.6%309,499,481.6%-99.5%
Basic Materials1.3%39,340.3%-94.3%
Health Care0.9%291,339,185.7%-99.9%
Industrials0.7%26,997,377.5%-98.4%
Energy0.6%985,714,185.7%-94.2%
Consumer Staples-0.9%4,698,920%-89.6%
Telecommunications-1.2%4,933.3%-72.6%
Financials-10.2%60,626,148.5%-100.0%

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