Scottsdale company Voya Infrastructure Industrials and Materials Fund (IDE:NYQ) working in Closed End Investments sees value rise 427.1% on Aug. 17

Public Policy
Stock market 16 edited

ORGANIZATIONS IN THIS STORY

LETTER TO THE EDITOR

Have a concern or an opinion about this story? Click below to share your thoughts.
Send a message

Community Newsmaker

Know of a story that needs to be covered? Pitch your story to The Business Daily.
Community Newsmaker

The value in Closed End Investments stocks fell one percent on Aug. 17 from the previous day.

The strongest performing Closed End Investments company in Arizona was Voya Emerging Markets High Dividend Equity Fund (IHD:NYQ), sitting 616.8 percent higher to sell at $5.73.

Voya Asia Pacific High Dividend Equity Income Fund (IAE:NYQ) fared the worst among Arizona companies, suffering a 78.2 percent drop to $6.79.

Among Scottsdale companies, Voya Emerging Markets High Dividend Equity Fund (IHD:NYQ) saw the highest rise in value of 616.8 percent on Aug. 17.

The Real Estate Investment and Services industry was the daily best-performing industry on the market. The market is divided into 30 different industries.

Investment Banking and Brokerage 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.

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. 17

Industry% ChangeHighest Positive ChangeLargest Negative Change
Real Estate Investment and Services154.5%103.8%-66.4%
Health Care Providers91.6%367.6%-48.5%
Food Producers90.2%482.9%-66%
Aerospace and Defense38.1%145.4%-19.3%
Medical Equipment and Services37.2%2,076.7%-66.2%
Mortgage Real Estate Investment Trusts30.6%505,368.1%-
Industrial Engineering19.4%1,265.8%-48.1%
Industrial Support Services19%310.3%-92.5%
Pharmaceuticals and Biotechnology19%10,237.7%-95.9%
Electronic and Electrical Equipment7%566.4%-78.1%
Software and Computer Services4.8%1,934.4%-89.4%
Leisure Goods1.4%667.9%-
Media0.6%225.7%-
Personal Care, Drug and Grocery Stores-0.2%45.2%-29.1%
Closed End Investments-1%2,607.1%-78.2%
Technology Hardware and Equipment-6.6%291.2%-22.1%
Open End and Miscellaneous Investment Vehicles-7.3%85,234.7%-84.5%
Chemicals-8.9%216.8%-27.5%
Banks-14%527.9%-2.9%
Oil, Gas and Coal-15.1%337.6%-
Retailers-15.3%855.1%-44.5%
Industrial Transportation-19.2%4,460.2%-
Industrial Materials-29.6%108.3%-12.7%
Real Estate Investment Trusts-34.2%948.8%-25.1%
Travel and Leisure-46.2%--51.5%
Construction and Materials-46.5%571.7%-
Consumer Services-47.8%920.1%-50.2%
Non-life Insurance-48.9%2,448.1%-76.4%
Household Goods and Home Construction-86.2%482.3%-
Investment Banking and Brokerage Services-99.4%184.6%-95.6%

ORGANIZATIONS IN THIS STORY

LETTER TO THE EDITOR

Have a concern or an opinion about this story? Click below to share your thoughts.
Send a message

Community Newsmaker

Know of a story that needs to be covered? Pitch your story to The Business Daily.
Community Newsmaker

MORE NEWS