The Bloomberg /
Bad week for stocks
ML Macadamia Orchards LP
was the sole stock to post a gain this week in the Bloomberg Honolulu Star-Bulletin stock index.
ML Macadamia closed at $5.45, up 0.93 percent for the week. Year to date, it is off 6 percent. Over the last 12 months, it is down more than 10 percent.
Second-best in the index this week was Hawaiian Electric Industries Inc., just barely in the losing column with a decline of 0.47 percent, to close at $27.81. Year to date Hawaiian Electric is up more than 7 percent. For the last 12 months it is up nearly 2 percent.
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