Value of Consumer Discretionary company KAR Auction Services Inc. (KAR:NYQ) based in Carmel rose 117,019,000% on Sept. 28

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Value in Consumer Discretionary stocks rose 27 percent on Sept. 28 from the previous day.

The strongest performing Consumer Discretionary company in Indiana was KAR Auction Services Inc. (KAR:NYQ), sitting 117,018,528.3 percent higher to sell at $12.23.

Escalade Inc. (ESCA:NMQ) experienced the smallest increase in share price among Indiana companies, rising 131.4 percent to sell at $10.14.

Among Carmel companies, KAR Auction Services Inc. (KAR:NYQ) saw the highest rise in value of 117,019,000 percent on Sept. 28.

The Consumer Discretionary sector was the daily best-performing sector on the market.

Financials 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 Sept. 28

Sector% ChangeHighest Positive ChangeLargest Negative Change
Consumer Discretionary27%221,116,185.2%-100%
Basic Materials12.4%855,939,612.3%-99.6%
Industrials6.6%275,229,486.7%-100%
Technology5.4%48,129,985.6%-100%
Real Estate1.3%247,051,368.3%-100%
Telecommunications0.6%47,337,589%-98.8%
Energy-1.2%57,346,645.3%-100%
Utilities-3.5%4,435,153.3%-99.9%
Consumer Staples-3.7%59,814,080.9%-99.9%
Health Care-5.4%248,846,944.1%-100%
Financials-11.4%524,614,257.3%-100%

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