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Saturday, November 2, 2024

Northbrook company IDEX Corp. (IEX:NYQ) working in Electronic and Electrical Equipment sees value fall 8.3% on Aug. 30

Stock market 10 edited

The value in Electronic and Electrical Equipment stocks fell 22.6 percent on Aug. 30 from the previous day.

The strongest performing Electronic and Electrical Equipment company in Illinois was Atkore Inc. (ATKR:NYQ), sitting 65.5 percent higher to sell at $85.91.

IDEX Corp. (IEX:NYQ) fared the worst among Illinois companies, suffering an 8.3 percent drop to $202.59.

Among Northbrook companies, IDEX Corp. (IEX:NYQ) saw the biggest fall in value of 8.3 percent on Aug. 30.

The Personal Goods industry was the daily best-performing industry on the market. The market is divided into 45 different industries.

Tobacco 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 on Aug. 30

Industry% ChangeHighest Positive ChangeLargest Negative Change
Personal Goods27.8%11,066,727.4%-100%
Telecommunications Service Providers27.3%780.6%-100%
Real Estate Investment and Services24%894.4%-100%
Industrial Engineering17.9%24,509,801.1%-100%
Industrial Materials17%61.3%-100%
Consumer Services16.5%11,988,193.9%-100%
Chemicals13.1%6,523,971.5%-100%
Alternative Energy12.2%63,607.7%-100%
Automobiles and Parts9.5%45,258,057.2%-40.1%
Precious Metals and Mining8.1%291.9%-99.9%
Electricity6.8%179.6%-100%
Personal Care, Drug and Grocery Stores6.6%723.5%-100%
Investment Banking and Brokerage Services5.7%4,945,517%-100%
Food Producers5.6%24,197.9%-100%
Retailers4.6%40,402,462%-100%
Beverages3.8%16,650,836.4%-49.8%
Real Estate Investment Trusts3.6%14,324.6%-100%
Technology Hardware and Equipment3.5%3,718%-100%
Pharmaceuticals and Biotechnology2%149,476,514.7%-100%
Software and Computer Services1%9,270,422.8%-100%
Open End and Miscellaneous Investment Vehicles-0.6%8,012,798%-100%
Closed End Investments-0.9%84,337,812.6%-100%
Media-2.5%1,349.8%-100%
Industrial Support Services-2.9%165,514.8%-100%
Banks-2.9%2,247.3%-100%
Gas, Water and Multi-utilities-4.4%2,928%-99.8%
Mortgage Real Estate Investment Trusts-8.5%21,106.8%-100%
Health Care Providers-9.2%4,185,167.9%-100%
Household Goods and Home Construction-10.1%889.7%-100%
General Industrials-10.2%151.6%-100%
Medical Equipment and Services-12.5%732%-100%
Aerospace and Defense-13.5%17,709.6%-99.9%
Leisure Goods-13.7%151,554.1%-100%
Travel and Leisure-14.4%117,259.1%-100%
Industrial Metals and Mining-16.9%2,762.5%-100%
Construction and Materials-17.6%16,007,196.9%-100%
Life Insurance-18.3%1,023.1%-99.9%
Electronic and Electrical Equipment-22.6%405.2%-100%
Industrial Transportation-24%1,003,202.8%-100%
Non-life Insurance-33.6%99,863,052.3%-100%
Oil, Gas and Coal-34.2%15,735,083.7%-100%
Telecommunications Equipment-39%26,481.5%-100%
Waste and Disposal Services-44.6%179.8%-100%
Finance and Credit Services-71.9%34,996.2%-99.9%
Tobacco-92.7%--100%

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