The 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.
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Star-Bulletin Index
Cyanotech leads way
Cyanotech Corp., a producer of natural products made from microalgae, hit a 52-week closing high of $1.97 Wednesday to lead the way in the Bloomberg Honolulu Star-Bulletin index. Cyanotech's stock has now risen 507.14 percent since reaching an intraday low of 28 cents on Dec. 26, 2002.
ML Macadamia Orchards hit a 52-week intraday high of $3.81 yesterday to post a 6.57 percent gain for the week.
Although Hawaiian Holdings Inc., the parent of bankrupt Hawaiian Airlines, hit a 52-week high Dec. 30 when the stock soared to $3.18, it declined 7 percent to place last for the week in the index.
Source: Bloomberg News STAR-BULLETIN GRAPHIC
