Fort Lauderdale-based Non-life Insurance company Universal Insurance Holdings Inc. (UVE:NYQ) sees value fall 90.6% in week ending Oct. 8

0Comments

Value in Non-life Insurance stocks rose 2.5 percent in the week ending Oct. 8 from the previous week.

The strongest performing Non-life Insurance company in Florida was Heritage Insurance Holdings Inc. (HRTG:NYQ), sitting 58.6 percent higher to sell at $2.01.

Fidelity National Financial Inc. (FNF:NYQ) fared the worst among Florida companies, suffering a 100 percent drop to $38.57.

Among Fort Lauderdale companies, Universal Insurance Holdings Inc. (UVE:NYQ) saw the biggest fall in value of 90.6 percent in the week ending Oct. 8.

The Beverages industry was the week’s best-performing industry on the market. The market is divided into 44 different industries.

Alternative Energy 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 in week ending Oct. 8

Industry Percentage Change Highest Positive Change Largest Negative Change
Beverages 18% 6,791.8% -95.8%
Travel and Leisure 16.2% 1,066,902.2% -99.9%
Oil, Gas and Coal 13.4% 1,360,718% -99.9%
Industrial Metals and Mining 11.6% 5,985.8% -99.8%
Construction and Materials 8.6% 813.3% -99.6%
Medical Equipment and Services 8.4% 101,646.9% -99.9%
Personal Goods 7.2% 2,382.6% -98.6%
Household Goods and Home Construction 6.4% 3,927% -99.9%
Health Care Providers 4.7% 13,425.2% -99.4%
Industrial Support Services 3.5% 4,333% -99.9%
Industrial Materials 3.5% -96.1%
Industrial Engineering 3.4% 2,880,597.9% -98.7%
General Industrials 3.1% 129.2% -99.9%
Software and Computer Services 3.1% 143,303.1% -99.9%
Electronic and Electrical Equipment 2.8% 1,721.6% -99.9%
Industrial Transportation 2.7% 50,533.3% -99.4%
Non-life Insurance 2.5% 2,609.2% -99.9%
Consumer Services 2.4% 196,366.9% -94.3%
Automobiles and Parts 2.3% 59.1% -99.9%
Finance and Credit Services 2.2% 470.7% -99.9%
Food Producers 2.1% 14,740.7% -99.6%
Chemicals 2.1% 20,167.2% -99.8%
Precious Metals and Mining 2.1% 46.7% -99.7%
Technology Hardware and Equipment 2.1% 1,832.7% -99.9%
Retailers 2% 917.5% -99.9%
Tobacco 1.6% 704.8% -96.7%
Closed End Investments 1.2% 1,168,330% -99.9%
Investment Banking and Brokerage Services 1% 3,260.1% -99.8%
Banks 0.9% 38,267.9% -99.9%
Aerospace and Defense 0.8% 23,295.6% -99.9%
Leisure Goods 0.7% 126% -99.8%
Real Estate Investment and Services 0.6% 117,506.9% -99.9%
Media 0.4% 1,282.3% -99.9%
Open End and Miscellaneous Investment Vehicles 0.3% 3,440,500% -99.9%
Life Insurance -0.7% 41,493.2% -99.3%
Waste and Disposal Services -0.9% 675.8% -94.9%
Personal Care, Drug and Grocery Stores -1.3% 456.7% -99.9%
Telecommunications Equipment -1.6% 245.2% -98.4%
Gas, Water and Multi-utilities -1.6% 5,931,715.7% -99.9%
Electricity -2.4% 30.7% -97.8%
Pharmaceuticals and Biotechnology -2.5% 31,174,093.8% -99.9%
Real Estate Investment Trusts -3.7% 39,062.8% -99.9%
Telecommunications Service Providers -4% 149.2% -99.8%
Alternative Energy -7% 141.1% -99.9%


Related

Federal Energy Regulatory Commission (FERC) Commissioner Mark C. Christie - www.ferc.gov

Broward County saw lowest price for premium gas at $2.75 in week ending Jan. 10

The week’s cheapest premium gas price in Broward County stood at $2.75 per gallon in the week ending Jan. 10.

Federal Energy Regulatory Commission (FERC) Commissioner Mark C. Christie - www.ferc.gov

Week ending Jan. 10: Lowest diesel gas in Broward County reaches $2.99

The cheapest per-gallon price for diesel gas in Broward County during the week ending Jan. 10 was $2.99 per gallon.

Federal Energy Regulatory Commission (FERC) Commissioner Allison Clements - www.ferc.gov

Cheapest E85 gas in cities across Broward County in week ending Jan. 10

The lowest price of E85 gas in cities throughout Broward County was found at a single gas station in the week ending Jan. 10, according to customer reports submitted to GasBuddy.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Central Broward News.