Munster-based Banks company Finward Bancorp (FNWD:NAQ) sees value fall 76% on Feb. 17

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Stock market 20 edited

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The value in Banks stocks fell 1.9 percent on Feb. 17 from the previous day.

The strongest performing Banks company in Indiana was First Savings Financial Group Inc. (FSFG:NAQ), sitting 572.1 percent higher to sell at $19.35.

Finward Bancorp (FNWD:NAQ) fared the worst among Indiana companies, suffering a 76 percent drop to $36.5.

Among Munster companies, Finward Bancorp (FNWD:NAQ) saw the biggest fall in value of 76 percent on Feb. 17.

The Tobacco industry was the daily best-performing industry on the market. The market is divided into 46 different industries.

Aerospace and Defense 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 Feb. 17

Industry% ChangeHighest Positive ChangeLargest Negative Change
Tobacco1,655.2%60,998.7%-37.1%
Non-life Insurance91%28,033,170.6%-91.3%
Electronic and Electrical Equipment87%50,446,387.7%-90.2%
Telecommunications Equipment56.6%10,009,414.7%-95.7%
Finance and Credit Services40.3%7,125,153.4%-24.9%
Industrial Metals and Mining17%7,745,707.1%-82.4%
Telecommunications Service Providers16.6%403,392.1%-29.9%
Health Care Providers16.3%17,023,397.6%-90%
Industrial Materials11.4%202,046,483.9%-
Travel and Leisure10.5%48,946,340.5%-45.8%
Precious Metals and Mining9.9%42,747,783.8%-74.1%
Construction and Materials7.2%25,961,361.9%-77.9%
Real Estate Investment and Services6.6%650,886.6%-75.9%
Automobiles and Parts6.4%85,469,618.1%-50.2%
Consumer Services5.6%139,816,833.6%-53.3%
Life Insurance4.7%23,972,294.8%-34.1%
Pharmaceuticals and Biotechnology3.3%113,979,200.6%-90.3%
Oil, Gas and Coal2.9%116,598,451.3%-68.3%
General Industrials2.9%66,626,016.9%-22.4%
Retailers2.5%237,888,970.1%-90.1%
Leisure Goods2.4%1,241,192.8%-21.3%
Electricity1.5%131,679,188.6%-9.4%
Gas, Water and Multi-utilities1.4%91,903,307.9%-77.3%
Personal Care, Drug and Grocery Stores0.9%257,036,041.3%-42.9%
Beverages0.8%342,541.6%-91.6%
Open End and Miscellaneous Investment Vehicles0.5%2,763,881.2%-98.8%
Technology0.4%11,928,644.5%-88.9%
Waste and Disposal Services0.3%93,262,147%-64.7%
Personal Goods0.2%315,854,753.1%-51.9%
Mortgage Real Estate Investment Trusts0.2%56,968,492.8%-69.1%
Software and Computer Services-0.3%172,042,680.7%-99.8%
Industrial Support Services-0.3%71,130,121.6%-57.3%
Investment Banking and Brokerage Services-0.7%17,495,348%-99.5%
Real Estate Investment Trusts-1.2%128,784,867.4%-74.3%
Closed End Investments-1.2%49,282,632.1%-85.1%
Banks-1.9%144,596,173.3%-97.1%
Media-2.2%36,098,121.8%-90.3%
Technology Hardware and Equipment-2.5%15,802,907.5%-76.5%
Chemicals-2.8%293,183,044.2%-49.5%
Alternative Energy-3.8%19,429,806.5%-34.7%
Medical Equipment and Services-4.1%148,211,800.8%-84.2%
Household Goods and Home Construction-4.4%51,017,031.4%-93%
Industrial Transportation-4.7%30,303,729.3%-37.6%
Industrial Engineering-5.9%133,819,012.5%-65.1%
Food Producers-6.2%26,372,422.3%-79%
Aerospace and Defense-7%46,497,007%-64.7%

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