Salem-based Financials company Mid-Southern Bancorp Inc. (MSVB:NAQ) sees value fall 14.7% in week ending March 4

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Value in Financials stocks fell 10.7 percent in the week ending March 4 from the previous week.

The strongest performing Financials company in Indiana was First Savings Financial Group Inc. (FSFG:NAQ), sitting 169.6 percent higher to sell at $19.5.

American Acquisition Opportunity Inc. (AMAO:NAQ) fared the worst among Indiana companies, suffering a 93.7 percent drop to $10.29.

Among Salem companies, Mid-Southern Bancorp Inc. (MSVB:NAQ) saw the biggest fall in value of 14.7 percent in the week ending March 4.

The Basic Materials sector was the week’s best-performing sector on the market. The market is divided into 10 different sectors.

Consumer Discretionary 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 March 4

Sector% ChangeHighest Positive ChangeLargest Negative Change
Basic Materials10.5%26,447.5%-99.0%
Industrials5.9%2,311.3%-99.8%
Health Care4.9%10,988.2%-100.0%
Energy3.2%800.5%-90.3%
Utilities-1.2%339%-90.3%
Consumer Staples-3.8%16,869.4%-100.0%
Real Estate-7.9%3,215.5%-95.6%
Technology-8.6%1,369.2%-97.4%
Financials-10.7%481,334.3%-100.0%
Consumer Discretionary-11.9%38,011.1%-98.7%

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