Value in Banks stocks fell 2.3 percent in the week ending Oct. 1 from the previous week.
The strongest performing Banks company in Maryland was Partners Bancorp (PTRS:NAQ), sitting 946.7 percent higher to sell at $8.89.
Community Financial Corp.(Maryland) (TCFC:NAQ) fared the worst among Maryland companies, suffering a 45.4 percent drop to $34.3.
Among Glen Burnie companies, Glen Burnie Bancorp (GLBZ:NAQ) saw the highest rise in value of 108.3 percent in the week ending Oct. 1.
The Telecommunications Equipment industry was the week’s best-performing industry on the market. The market is divided into 42 different industries.
Alternative Energy 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 |
|---|---|---|---|
| Telecommunications Equipment | 6.4% | 355.9% | -83.3% |
| Oil, Gas and Coal | 6% | 1,087.1% | -99.9% |
| Beverages | 5% | 3,444.5% | -99.4% |
| Precious Metals and Mining | 3% | 43.5% | -68.8% |
| Pharmaceuticals and Biotechnology | 1.7% | 2,782.7% | -98.9% |
| Non-life Insurance | 1.1% | 824.8% | -66.6% |
| Software and Computer Services | 0.7% | 1,304.2% | -99.9% |
| Food Producers | 0.7% | 2,803.1% | -99.9% |
| Industrial Transportation | 0.5% | 344% | -99.7% |
| Investment Banking and Brokerage Services | 0.5% | 837.2% | -96.5% |
| Open End and Miscellaneous Investment Vehicles | 0.2% | 15,034,940% | -99.9% |
| Consumer Services | -0.3% | 793.8% | -99.9% |
| Industrial Engineering | -0.4% | 2,045.6% | -66.4% |
| Chemicals | -0.9% | 9,519.5% | -99.9% |
| General Industrials | -0.9% | 597.7% | -92% |
| Industrial Materials | -1.2% | 57.5% | -90% |
| Life Insurance | -1.3% | 185.5% | -99.9% |
| Industrial Support Services | -1.5% | 3,075.4% | -99.9% |
| Retailers | -1.5% | 430.6% | -93.6% |
| Aerospace and Defense | -1.7% | 709% | -93% |
| Leisure Goods | -1.8% | 2,345,941.1% | -99.7% |
| Waste and Disposal Services | -2.1% | 286.4% | -88.5% |
| Household Goods and Home Construction | -2.1% | 851.9% | -99.9% |
| Banks | -2.3% | 14,572.7% | -97.7% |
| Finance and Credit Services | -2.5% | 228% | -94.7% |
| Closed End Investments | -2.6% | 2,272.2% | -99.9% |
| Real Estate Investment and Services | -2.7% | 303,091.5% | -99.7% |
| Automobiles and Parts | -2.7% | 66.3% | -79.6% |
| Industrial Metals and Mining | -2.7% | 2,007.8% | -99.9% |
| Health Care Providers | -3.1% | 424.1% | -99.1% |
| Personal Care, Drug and Grocery Stores | -3.4% | 168.4% | -77.4% |
| Real Estate Investment Trusts | -3.9% | 1,068.6% | -78% |
| Media | -6.3% | 188.5% | -99.5% |
| Medical Equipment and Services | -7.4% | 4,146.1% | -99.9% |
| Personal Goods | -7.4% | 357.1% | -99.7% |
| Telecommunications Service Providers | -7.6% | 112.9% | -58.9% |
| Gas, Water and Multi-utilities | -7.8% | 1,657.5% | -60.3% |
| Electricity | -8.4% | 1,615.9% | -72.1% |
| Mortgage Real Estate Investment Trusts | -10% | 166.8% | -99.8% |
| Tobacco | -11.8% | 2,108.8% | -91.4% |
| Travel and Leisure | -12.5% | 9,006.3% | -92.8% |
| Alternative Energy | -46.5% | 290.8% | -73.7% |
