Value of Financials company Monument Circle Acquisition Corp. (MON:NAQ) based in Indianapolis rose 541.6% on Dec. 22, 2022

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Value in Financials stocks fell 42.7 percent on Dec. 22, 2022 from the previous day.

The strongest performing Financials company in Indiana was Monument Circle Acquisition Corp. (MON:NAQ), sitting 541.6 percent higher to sell at $10.05.

Richmond Mutual Bancorporation Inc. (RMBI:NAQ) fared the worst among Indiana companies, suffering a 56.7 percent drop to $12.25.

Among Indianapolis companies, Monument Circle Acquisition Corp. (MON:NAQ) saw the highest rise in value of 541.6 percent on Dec. 22, 2022.

The Telecommunications sector was the daily best-performing sector on the market.

Consumer Staples 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 on Dec. 22, 2022

Sector% ChangeHighest Positive ChangeLargest Negative Change
Telecommunications21.5%1,099.1%-47.5%
Energy20.3%8,303.4%-72.5%
Consumer Discretionary2.3%11,770.7%-100%
Real Estate2%5,000.4%-86%
Utilities1.8%742.9%-50.2%
Industrials1.6%4,238,203.6%-79%
Health Care1.1%10,796.2%-87.5%
Technology-15.2%1,614,420.5%-79.9%
Basic Materials-22.8%1,444,323.1%-100%
Financials-42.7%37,845,123%-100%
Consumer Staples-49.3%9,364.9%-78.9%

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