The Bloomberg /
Bad week for stocks
Hawaiian Holdings Inc.
, parent company of Hawaiian Airlines, was the sole gainer this week in the Bloomberg Honolulu Star-Bulletin stock index.
Hawaiian closed up 1.25 percent at $4.06 during a week in which its third-quarter results showed it maintaining a profit in the face of interisland competition from Mesa Air Group Inc.'s go! Year to date the stock is up 1.75 percent.
Trailing the index this week was Mera Pharmaceuticals Inc., down more than 16 percent to close at half a penny a share.
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