Kalispell-based Banks company Glacier Bancorp Inc. (GBCI:NYQ) sees value fall 16.6% in week ending April 9

0Comments

Value in Banks stocks fell 2.3 percent in the week ending April 9 from the previous week.

The strongest performing Banks company in Montana was Eagle Bancorp Montana Inc. (EBMT:NMQ), sitting 150.8 percent higher to sell at $22.11.

Glacier Bancorp Inc. (GBCI:NYQ) fared the worst among Montana companies, suffering a 16.6 percent drop to $47.36.

The Beverages 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.

Rank of stock market industries in week ending April 9

Industry Percentage Change Highest Positive Change Largest Negative Change
Beverages 9.7% 6,962.2% -92.9%
Retailers 3.2% 3,719.4% -94.9%
Personal Care, Drug and Grocery Stores 2.8% 239% -99.9%
Health Care Providers 2.5% 6,860.5% -95.1%
Oil, Gas and Coal 0.9% 987% -95.9%
Food Producers 0.8% 221.5% -72.8%
Electricity 0.6% 127.2% -89.6%
Non-life Insurance -0.1% 3,322.4% -83.8%
Gas, Water and Multi-utilities -0.1% 93.5% -89.3%
Consumer Services -0.2% 876.2% -90%
Medical Equipment and Services -0.4% 851.3% -98.6%
Open End and Miscellaneous Investment Vehicles -0.4% 168,983.4% -100%
Pharmaceuticals and Biotechnology -0.5% 375,262.9% -98.4%
Leisure Goods -1.1% 38.3% -87.3%
Chemicals -1.2% 320.6% -87.3%
Telecommunications Service Providers -1.5% 2,166.7% -79.3%
Precious Metals and Mining -1.7% 2,610% -99.5%
Industrial Materials -1.8% 200.4% -60%
Real Estate Investment Trusts -1.8% 1,820.5% -90.8%
Aerospace and Defense -1.9% 110.3% -93.7%
Electronic and Electrical Equipment -2.2% 683.1% -97.7%
Banks -2.3% 7,169.7% -99.3%
Closed End Investments -2.4% 1,258.1% -94.2%
General Industrials -2.4% 82.3% -99.5%
Life Insurance -2.4% 1,519.5% -46.9%
Industrial Engineering -2.7% 2,369.3% -92.2%
Industrial Support Services -2.8% 10,502.6% -98.1%
Real Estate Investment and Services -2.9% 465.9% -97.1%
Telecommunications Equipment -3.2% 5,460.3% -87.5%
Industrial Metals and Mining -3.2% 7,282% -89.1%
Personal Goods -3.4% 97.9% -70%
Mortgage Real Estate Investment Trusts -4.2% 48.7% -75.3%
Investment Banking and Brokerage Services -4.8% 610.9% -97.4%
Travel and Leisure -4.9% 2,676% -95.5%
Household Goods and Home Construction -5.1% 5,302.8% -96.7%
Software and Computer Services -5.7% 2,920.9% -94.2%
Automobiles and Parts -6.1% 82.7% -77.1%
Media -7.2% 3,202% -95.6%
Technology Hardware and Equipment -7.2% 562.6% -96.9%
Industrial Transportation -8.4% 646.6% -97.2%
Construction and Materials -9.6% 209.4% -97.6%
Alternative Energy -9.7% 906.2% -95.6%
Finance and Credit Services -49.8% 248.9% -89.4%


Related

David Rosner, Commissioner of Federal Energy Regulatory Commission (FERC)

Cheapest regular gas in Lincoln County at $2.82 per gallon in week ending Mar. 7

In Lincoln County, the week’s lowest regular gas price was $2.82 per gallon as of the week ending Mar. 7.

David Rosner, Commissioner of Federal Energy Regulatory Commission (FERC)

Flathead County saw lowest price for diesel gas at $3.39 in week ending Mar. 7

The lowest price for a gallon of diesel gas in Flathead County during the week ending Mar. 7 was $3.39, according to customer reports to GasBuddy.

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

Both gas stations in Lincoln County posted the same price per gallon for diesel gas in week ending Mar. 7

For the week ending Mar. 7, the lowest reported price of diesel gas in Lincoln County stood at $3.39 per gallon.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Northwest Montana News.