Biloxi company Peoples Financial Corp. (PFBX:QXR) working in Banks sees value rise 1,292.7% in week ending Aug. 27

0Comments

Value in Banks stocks fell 2.2 percent in the week ending Aug. 27 from the previous week.

The strongest performing Banks company in Mississippi was Peoples Financial Corp. (PFBX:QXR), sitting 1,292.7 percent higher to sell at $16.91.

First Bancshares Inc. (Mississippi) (FBMS:NMQ) fared the worst among Mississippi companies, suffering a 19.8 percent drop to $30.27.

The Finance and Credit Services industry was the week’s best-performing industry on the market. The market is divided into 45 different industries.

Construction and Materials 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 Aug. 27

Industry Percentage Change Highest Positive Change Largest Negative Change
Finance and Credit Services 14.1% 109.2% -86%
Tobacco 5.6% 1,441.3% -77%
Telecommunications Equipment 4.7% 539.4% -98%
Alternative Energy 4.6% 33,187.6% -72.2%
Oil, Gas and Coal 4.1% 3,611% -95.1%
Chemicals 0.7% 123.7% -93.8%
Life Insurance -0.2% 42.3% -99.6%
Open End and Miscellaneous Investment Vehicles -0.2% 69,797,534% -99.9%
Precious Metals and Mining -0.5% 71.7% -82.8%
Waste and Disposal Services -0.9% 157% -82.7%
Food Producers -1% 228.1% -74.6%
Non-life Insurance -1.1% 447.1% -93.8%
Travel and Leisure -1.1% 1,784.5% -99.4%
Investment Banking and Brokerage Services -1.4% 10,796.3% -98.7%
Industrial Transportation -1.6% 433.5% -81.3%
Household Goods and Home Construction -1.7% 310.9% -84.9%
Mortgage Real Estate Investment Trusts -1.8% 697.9% -99.2%
Closed End Investments -2.1% 16,168.5% -99.2%
Technology Hardware and Equipment -2.1% 100.1% -90.9%
Banks -2.2% 57,104.7% -99.7%
Industrial Metals and Mining -2.2% 746.2% -97.5%
Aerospace and Defense -2.3% 1,563% -93.9%
Pharmaceuticals and Biotechnology -2.3% 211,094.2% -99.9%
Electricity -2.5% 212% -89.9%
Software and Computer Services -2.5% 9,768.5% -97.6%
Personal Care, Drug and Grocery Stores -2.6% 8,577.3% -63.7%
Electronic and Electrical Equipment -2.6% 250.5% -96.4%
Health Care Providers -2.8% 333.2% -99.4%
Gas, Water and Multi-utilities -3% 604.6% -70.5%
Industrial Materials -3.6% 79.9% -72%
Personal Goods -3.6% 251.7% -88.8%
Industrial Engineering -3.7% 4,393.6% -95.7%
Real Estate Investment Trusts -3.8% 294.2% -80.4%
Automobiles and Parts -3.9% 1,966.8% -77.8%
Industrial Support Services -3.9% 53,427.3% -97.4%
Real Estate Investment and Services -4.1% 13,128.7% -88.6%
Consumer Services -4.2% 9,042.3% -60.3%
General Industrials -4.2% 539.6% -89.3%
Medical Equipment and Services -4.2% 114,935.8% -97.6%
Leisure Goods -5.7% 668.4% -97.6%
Retailers -5.7% 539.5% -91.6%
Beverages -5.8% 5,023.2% -79.5%
Media -7.7% 474,595.1% -99.7%
Telecommunications Service Providers -9% 580.4% -62.9%
Construction and Materials -9.4% 891.4% -80.2%


Related

Senator Roger Wicker,  US Senator for Mississippi

Senator Roger Wicker addresses Hungarian elections, youth investment accounts, and tax extensions

Senator Roger Wicker posted about recent events including Hungary’s election results (April 12), youth investment initiatives (April 14), and an IRS tax deadline extension for Mississippians affected by Winter Storm Fern (April 15).

Lindsay S. See, Commissioner of Federal Energy Regulatory Commission (FERC)

Cheapest midgrade gas in Jackson County at $3.67 per gallon in week ending Apr. 4

For the week ending Apr. 4, the lowest reported price of midgrade gas in Jackson County stood at $3.67 per gallon.

Judy W. Chang, Commissioner of Federal Energy Regulatory Commission (FERC)

Where were the cheapest places to fill up on regular gas in cities in Pearl River County in week ending Apr. 4?

The lowest price of regular gas in cities throughout Pearl River County was found at a single gas station in the week ending Apr. 4, according to customer reports submitted to GasBuddy.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Mississippi Gulf News.