Saturday, November 17, 2001

The Bloomberg /
Star-Bulletin Index


The Bloomberg Honolulu 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.

Bloomberg Index chart

Hawaiian Airlines takes off

Hawaiian Airlines Inc., whose third-quarter net income rose to $12 million thanks to an $8.5 million terrorist-related federal grant, saw its stock gain 10.67 percent this week to lead 13 other stocks in the Bloomberg Honolulu Star-Bulletin Index.

Shares of the carrier, which had been as high as $3.50 on July 17 before the Sept. 11 attacks accelerated the stock's descent, closed Friday at $2.25 and is up 24.1 percent for the year.

Central Pacific Bank parent CPB Inc. was second with a rise of 5.43 percent. Its stock, trading at $30, is up 7.6 percent since Jan. 2.

Aquasearch Inc., which awaits a Dec. 7 court hearing to see if the company will be placed in involuntary bankruptcy, saw its shares continue to plummet as they fell 16.7 percent to drag down the stock price to 5 cents. Aquasearch's shares are now off 78.3 percent since Oct. 2.

Ceatech USA Inc. was the second-worst performer as its shares lost 11.76 percent to 85 cents.

Weekly highlight chart

Source: Bloomberg News STAR-BULLETIN GRAPHIC

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