The Bloomberg /
Star-Bulletin Index



Hoku’s gains top index

Hoku Scientific Inc. was the best of seven gainers in the 11-stock Bloomberg Honolulu Star-Bulletin index this week.

Hoku gained nearly 6 percent to end at $6.33. Year to date, the fuel-cell technology developer is off more than 16 percent. It went public in August at $6.

Behind Hoku was Cyanotech Corp., up more than 4 percent to close at 75 cents. The microalgae-products company saw a spike this week based on rumors, which it denied, linking it to ethanol production.

Year to date, Cyanotech is up more than 15 percent, but it is still below the $1 level it needs for 10 days to remain on the Nasdaq SmallCap Market.



image: chart

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.

image: chart

Source: Bloomberg News / Star-Bulletin Graphic



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