Value of Financials company Richmond Mutual Bancorporation Inc. (RMBI:NAQ) based in Richmond rose 758.6% in week ending July 30

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Value in Financials stocks rose 5.2 percent in the week ending July 30 from the previous week.

The strongest performing Financials company in Indiana was OneMain Holdings Inc. (OMF:NYQ), sitting 386,478,430.8 percent higher to sell at $37.26.

First Capital Inc. (FCAP:NAQ) fared the worst among Indiana companies, suffering a 59.2 percent drop to $30.

Among Richmond companies, Richmond Mutual Bancorporation Inc. (RMBI:NAQ) saw the highest rise in value of 758.6 percent in the week ending July 30.

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

Health Care 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 July 30

Sector% ChangeHighest Positive ChangeLargest Negative Change
Energy8.2%53,129,900%-100.0%
Utilities5.9%37,371,195.5%-100.0%
Basic Materials5.8%32,784,274.3%-100.0%
Financials5.2%386,478,430.8%-100.0%
Industrials4.8%96,653,313.6%-100.0%
Telecommunications3.6%7,877,137.9%-100.0%
Technology3.3%66,635,907.1%-100.0%
Consumer Staples2.9%100,590,085.7%-100.0%
Real Estate1.7%301,703,792.8%-100.0%
Consumer Discretionary1.6%544,434,760.7%-100.0%
Health Care-0.2%226,294,864%-100.0%

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