The Bloomberg /
Barnwell Industries Inc.
's stock gained 12.5 percent this week to close at $21.42. But that gain still leaves the stock down nearly 15 percent from the start of the year.
Mera Pharmaceuticals Inc.'s 20 percent gain topped the Bloomberg Honolulu Star-Bulletin stock index this week, but the move did little toward bringing the stock out of sub-penny territory. The Big Island maker of nutritional products closed the week at 0.6 cents a share. Year to date, it is down more than 62 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