Salem company Mid-Southern Bancorp Inc. (MSVB:NAQ) working in Banks sees value rise 75.3% on June 16

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The value in Banks stocks fell 58.7 percent on June 16 from the previous day.

The strongest performing Banks company in Indiana was Merchants Bancorp (MBIN:NAQ), sitting 151.6 percent higher to sell at $27.52.

Richmond Mutual Bancorporation Inc. (RMBI:NAQ) experienced the smallest increase in share price among Indiana companies, rising 36.2 percent to sell at $11.25.

Among Salem companies, Mid-Southern Bancorp Inc. (MSVB:NAQ) saw the highest rise in value of 75.3 percent on June 16.

The Consumer Services 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 16

Industry% ChangeHighest Positive ChangeLargest Negative Change
Consumer Services133.8%476.4%-32.3%
Waste and Disposal Services56.6%119.2%-78.8%
Non-life Insurance53.1%1,293.4%-23.6%
Industrial Metals and Mining44.3%1,088.3%-99.9%
Technology41.3%5,191.4%-87.9%
Food Producers39.4%851.2%-92.9%
Household Goods and Home Construction39.1%605%-71.2%
Automobiles and Parts35.6%444.7%-65.9%
Aerospace and Defense35%548.6%-49.7%
Electronic and Electrical Equipment23.4%4,380.2%-80%
Real Estate Investment and Services23.3%375.6%-48%
Tobacco17.8%492.2%-66.6%
Telecommunications Equipment17.2%13,396.9%-98.4%
Life Insurance16.6%3,288.3%-49.9%
Pharmaceuticals and Biotechnology13.4%17,625.2%-92.3%
Precious Metals and Mining12.5%190.4%-65.7%
Software and Computer Services12.2%3,022%-91.4%
Medical Equipment and Services11.9%4,794.4%-88.8%
Leisure Goods9.4%1,706.2%-76.3%
Beverages8.9%208.4%-84.2%
Health Care Providers7.9%638%-55.7%
Industrial Transportation4%407.7%-76.4%
General Industrials2.2%2,228.8%-
Oil, Gas and Coal2%117,714.7%-66.3%
Personal Care, Drug and Grocery Stores1.9%5,092.8%-95.3%
Technology Hardware and Equipment0.2%1,077.9%-66.6%
Mortgage Real Estate Investment Trusts-0.2%428.2%-38.7%
Finance and Credit Services-1.6%422.3%-75.3%
Closed End Investments-2.1%2,460.4%-94.6%
Electricity-2.6%225.6%-24.9%
Open End and Miscellaneous Investment Vehicles-2.9%31,624.5%-99.9%
Construction and Materials-6%1,727%-92.2%
Chemicals-10.4%787%-85.9%
Media-10.8%885%-93.1%
Gas, Water and Multi-utilities-11.9%1,459.6%-3%
Industrial Support Services-13.9%1,904.4%-88.1%
Industrial Materials-16.9%1,054.7%-33.6%
Industrial Engineering-20.7%1,462.5%-44.5%
Real Estate Investment Trusts-24%1,971.5%-62.9%
Retailers-24.5%6,962.9%-76.4%
Personal Goods-30.4%2,447.6%-82.5%
Investment Banking and Brokerage Services-35.3%859,523.1%-86.6%
Travel and Leisure-37.7%2,570.7%-66%
Alternative Energy-37.7%580.7%-37.4%
Banks-58.7%5,148.4%-97.4%
Telecommunications Service Providers-74.6%688.5%-81.8%
Consumer Discretionary-78.5%402.1%-76.1%

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