The Bloomberg /
Central Pacific rises
Central Pacific Financial Corp.
was the top performer in the Bloomberg Honolulu Star-Bulletin stock index this week with a gain of 5.4 percent, closing at $38.09.
The parent company of Central Pacific Bank is up more than 6 percent so far this year, third-best in the index, but has a gain of only 3.55 percent for the last 12 months.
The biggest loser in the index this week was penny stock Mera Pharmaceuticals Inc., down 5 percent to close at 1.5 cents. Mera is down more than 6 percent year to date, but is flat for the last 12 months.
The Bloomberg / 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.
SOURCE: BLOOMBERG NEWS / STAR-BULLETIN GRAPHIC