Saturday, May 26, 2001The Bloomberg Honolulu Star-Bulletin Index is a price-weighted index designed to measure the performance of Hawaii-based companies. The index was developed with a base value of 100 as of December 31, 1999. A chart of the index which shows the weekly performance of its members is published weekly in the Honolulu Star-Bulletin.
The Bloomberg /
Cyanotech Corp.'s stock, apparently ignited by positive comments from the company's chief financial officer, soared 20.75 percent this week to trounce 13 other Hawaii-based companies in the Bloomberg Honolulu Star-Bulletin index.
Big Islands Cyanotech
takes massive jump
His comments about expected profitability and optimism about product tests sent the biotech stock to a six-month high and ran its year-to-date gain to 63.8 percent.
Maui Land & Pine Co. was next, soaring 11.92 percent to finish at its highest level in more than two months.
Source: Bloomberg News STAR-BULLETIN GRAPHIC