Quantcast

Cincy Reporter

Saturday, November 16, 2024

Value of Cincinnati-based Banks company Eagle Financial Bancorp Inc. (EFBI:QBB) rose 386.3% in week ending July 30

Stock market 1 edited

Value in Banks stocks rose 0.8 percent in the week ending July 30 from the previous week.

The strongest performing Banks company in Ohio was Middlefield Banc Corp. (MBCN:NAQ), sitting 1,154.4 percent higher to sell at $25.94.

Farmers & Merchants Bancorp Inc. (FMAO:NAQ) fared the worst among Ohio companies, suffering a 70.5 percent drop to $30.65.

Among Cincinnati companies, Eagle Financial Bancorp Inc. (EFBI:QBB) saw the highest rise in value of 386.3 percent in the week ending July 30.

The Alternative Energy industry was the week’s best-performing industry on the market. The market is divided into 45 different industries.

Household Goods and Home Construction 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 in week ending July 30

IndustryPercentage ChangeHighest Positive ChangeLargest Negative Change
Alternative Energy19.9%405.6%-100%
Telecommunications Equipment14.1%1,112.2%-100%
Beverages7.9%756.1%-100%
Technology Hardware and Equipment7.4%2,918.7%-100%
Industrial Transportation7%258.3%-100%
Oil, Gas and Coal6.8%1,968.8%-100%
Industrial Engineering6.5%1,073%-100%
Industrial Materials6.4%192.7%-66.4%
Investment Banking and Brokerage Services6.3%579.1%-100%
Construction and Materials6.3%898.5%-100%
Industrial Metals and Mining6.2%773,436.2%-100%
Electricity6.2%355.1%-100%
Waste and Disposal Services6.1%1,658%-100%
Travel and Leisure6.1%2,157.8%-100%
Gas, Water and Multi-utilities5.6%310.6%-100%
Electronic and Electrical Equipment5.4%552.7%-100%
Finance and Credit Services5.1%575%-100%
Media5.1%357.6%-100%
Mortgage Real Estate Investment Trusts4.6%445.3%-100%
Chemicals4.5%734.8%-100%
General Industrials4%468.9%-100%
Consumer Services4%5,764.2%-100%
Aerospace and Defense3.8%176.7%-100%
Automobiles and Parts3.2%2,456.3%-100%
Real Estate Investment and Services3%505.4%-100%
Closed End Investments2.9%1,245.8%-100%
Non-life Insurance2.6%1,182.3%-100%
Personal Goods2.6%257.5%-100%
Precious Metals and Mining2.5%1,009.8%-100%
Food Producers2.4%109,997.7%-100%
Software and Computer Services2.3%9,747.9%-100%
Real Estate Investment Trusts2.3%6,467.4%-100%
Leisure Goods2.1%277.2%-100%
Industrial Support Services2.1%3,177.3%-100%
Life Insurance1.6%820%-100%
Health Care Providers1.5%910.9%-100%
Pharmaceuticals and Biotechnology1.4%89,304.2%-100%
Retailers0.8%1,002.2%-100%
Banks0.8%16,868.5%-100%
Open End and Miscellaneous Investment Vehicles0.3%759,907.2%-100%
Personal Care, Drug and Grocery Stores0.1%177.6%-100%
Tobacco-1.1%104.3%-100%
Telecommunications Service Providers-3%154.9%-100%
Medical Equipment and Services-3.1%8,514%-100%
Household Goods and Home Construction-4.8%14,584.4%-100%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS