The Bloomberg /
Star-Bulletin Index
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Barnwell bounces
Barnwell Industries Inc. topped the Bloomberg Honolulu Star-Bulletin stock index this week, up more than 27 percent to close at $22.01.
Barnwell, which came under pressure this week from its largest shareholder to break up the company, is down more than 12 percent year to date.
Trailing the index this week was Hawaiian Holdings Inc., parent company of Hawaiian Airlines, down nearly 5 percent to close at $4.05. Last week a federal judge denied its request to keep low-cost interisland competitor go! from selling tickets for a year.
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