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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Cyanotech up

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Cyanotech Corp. rose 12.3 percent this week to outpace 10 other local stocks. The producer of human and animal nutritional supplements closed yesterday at $1.74 ahead of its earnings report on Monday.

Maui Land & Pineapple Co., which posted a narrower second-quarter loss of $2.4 million, was the second-best performer with a 5.5 percent gain to $33.60.

Mera Pharmaceuticals Inc., the worst performer this year with a 20.7 percent decline, fell 17.9 percent to 2.3 cents.

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SOURCE: BLOOMBERG NEWS STAR-BULLETIN GRAPHIC