Value in Banks stocks fell 0.5 percent in the week ending Oct. 22 from the previous week.
The strongest performing Banks company in South Carolina was Oconee Federal Financial Corp. (OFED:NAQ), sitting 3,365.3 percent higher to sell at $25.75.
Bank of South Carolina (BKSC:NAQ) fared the worst among South Carolina companies, suffering a 92.4 percent drop to $16.47.
Among Lexington companies, First Community Corp. (South Carolina) (FCCO:NAQ) saw the highest rise in value of 1,126.2 percent in the week ending Oct. 22.
The Travel and Leisure industry was the week’s best-performing industry on the market. The market is divided into 43 different industries.
Finance and Credit Services 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.
| Industry | Percentage Change | Highest Positive Change | Largest Negative Change |
|---|---|---|---|
| Travel and Leisure | 14.3% | 4,762.3% | -97.3% |
| Precious Metals and Mining | 13.6% | 129.8% | -26.2% |
| Aerospace and Defense | 10.6% | 376.8% | -92.3% |
| Industrial Metals and Mining | 8.8% | 243,308.9% | -88.1% |
| Telecommunications Equipment | 8.6% | 992.3% | -95.9% |
| Construction and Materials | 8.6% | 275.5% | -94.7% |
| Alternative Energy | 7.8% | 623.3% | -54.4% |
| Automobiles and Parts | 7.4% | 354.4% | -66.9% |
| Oil, Gas and Coal | 7.2% | 6,667.9% | -70.9% |
| Electronic and Electrical Equipment | 6.7% | 48,926.6% | -95.8% |
| Chemicals | 5.8% | 4,649.9% | -91.3% |
| Technology Hardware and Equipment | 5.3% | 764.2% | -82.8% |
| Software and Computer Services | 5.2% | 3,903.1% | -95.8% |
| Media | 4.7% | 96,970.4% | -89% |
| Investment Banking and Brokerage Services | 4.6% | 500.4% | -95.5% |
| Industrial Materials | 4.6% | 591.6% | -49.8% |
| Personal Goods | 4.5% | 175.4% | -99.6% |
| Beverages | 4.1% | 633.9% | -79.9% |
| General Industrials | 4% | 599.3% | -43.3% |
| Industrial Engineering | 3.9% | 496.7% | -91.6% |
| Consumer Services | 3.9% | 1,501.7% | -97.4% |
| Waste and Disposal Services | 3.9% | 56,969.1% | -74% |
| Telecommunications Service Providers | 3.3% | 1,029.5% | -73.3% |
| Industrial Support Services | 3.3% | 25,926.9% | -98.5% |
| Life Insurance | 3% | 133.4% | -77% |
| Real Estate Investment Trusts | 2.9% | 756.8% | -81.3% |
| Gas, Water and Multi-utilities | 2.9% | 785.5% | -65.6% |
| Mortgage Real Estate Investment Trusts | 2.2% | 247.3% | -66.7% |
| Household Goods and Home Construction | 2.1% | 9,397.2% | -56.9% |
| Electricity | 2.1% | 241.1% | -50.4% |
| Health Care Providers | 1.4% | 1,081.1% | -91.4% |
| Leisure Goods | 1.3% | 347.4% | -82.7% |
| Pharmaceuticals and Biotechnology | 1.2% | 31,719.4% | -98.1% |
| Retailers | 1.2% | 869.2% | -97.7% |
| Medical Equipment and Services | 1.2% | 1,273.9% | -98.8% |
| Closed End Investments | 0.9% | 51,875% | -95.7% |
| Non-life Insurance | 0.5% | 250,265% | -73.9% |
| Personal Care, Drug and Grocery Stores | 0.4% | 781.3% | -84.2% |
| Real Estate Investment and Services | 0.3% | 17,056.5% | -96.9% |
| Tobacco | 0.2% | 94.3% | -73.8% |
| Banks | -0.5% | 251,261.7% | -99.5% |
| Industrial Transportation | -0.9% | 3,721.5% | -55.2% |
| Finance and Credit Services | -1% | 135.3% | -96.4% |
