Quantcast

Nassau Standard

Wednesday, December 25, 2024

Value of Aerospace and Defense company Frequency Electronics Inc. (FEIM:NMQ) based in Uniondale rose 8.2% on Sept. 1

Stock market 21 edited

The value in Aerospace and Defense stocks fell 2.8 percent on Sept. 1 from the previous day.

The strongest performing Aerospace and Defense company in New York was Park Aerospace Corp. (PKE:NYQ), sitting 49 percent higher to sell at $11.47.

Air Industries Group (AIRI:ASQ) fared the worst among New York companies, suffering an 88.9 percent drop to $0.6828.

Among Uniondale companies, Frequency Electronics Inc. (FEIM:NMQ) saw the highest rise in value of 8.2 percent on Sept. 1.

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

Electronic and Electrical Equipment 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 Sept. 1

Industry% ChangeHighest Positive ChangeLargest Negative Change
Banks26%91,794,391.5%-99.8%
Investment Banking and Brokerage Services10.5%2,741,877.2%-100%
Chemicals8.1%8,051,040.5%-86.7%
Automobiles and Parts7.1%16,625,937.9%-100%
Leisure Goods2.5%4,638,905.5%-100%
Life Insurance2.4%433.6%-63.2%
Real Estate Investment and Services1.9%2,813.8%-99.2%
Industrial Transportation1.8%211,017.9%-100%
Household Goods and Home Construction1.7%1,393.8%-99.6%
Food Producers1.4%12,225,254.1%-100%
Consumer Services1.2%186,873.2%-100%
Precious Metals and Mining1%62,626,803.6%-95%
Medical Equipment and Services0.9%202,044,739.1%-100%
Non-life Insurance0.9%8,572,486.6%-100%
Industrial Engineering0.9%134,133,458.5%-100%
Gas, Water and Multi-utilities0.5%12,842,005.3%-100%
Electricity0.4%125%-100%
Closed End Investments-0.1%17,235,952.3%-100%
Real Estate Investment Trusts-0.2%210,927,120.4%-100%
Open End and Miscellaneous Investment Vehicles-0.3%922,976.9%-100%
Pharmaceuticals and Biotechnology-0.4%273,816,462.8%-100%
Waste and Disposal Services-0.6%1,522%-81.1%
Personal Goods-0.7%1,599,923.7%-92.3%
General Industrials-0.9%468,077.5%-100%
Media-1.1%508,096.3%-100%
Retailers-1.1%57,381,526.1%-100%
Technology Hardware and Equipment-1.5%4,064,706.5%-99.2%
Travel and Leisure-1.8%18,604,052.5%-100%
Oil, Gas and Coal-2.5%87,629,529.6%-100%
Aerospace and Defense-2.8%142,455,446.1%-100%
Industrial Support Services-2.8%58,449,343.9%-100%
Software and Computer Services-2.8%126,062,060.6%-100%
Telecommunications Service Providers-3%3,885.3%-91.1%
Personal Care, Drug and Grocery Stores-3.7%163,295.8%-100%
Mortgage Real Estate Investment Trusts-5%4,592,575.2%-100%
Alternative Energy-5.1%116,808,233.3%-100%
Construction and Materials-5.7%44,701,078.8%-100%
Health Care Providers-6.8%58,110,407.3%-100%
Industrial Metals and Mining-6.8%303,214,185.7%-94.2%
Industrial Materials-8.6%18,448.3%-100%
Tobacco-12.5%766.8%-100%
Finance and Credit Services-14.3%339.2%-94.7%
Beverages-17%4,658,073.4%-71.9%
Telecommunications Equipment-21.5%208.2%-100%
Electronic and Electrical Equipment-29%178,550.8%-98.5%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS